The Financial Conduct Authority (FCA) is weighing up whether to extend the time that companies have to respond to motor finance complaints following a landmark high court ruling. In an …
Personal Finance
Borrowing in October hits second-highest on record after inflation blow
The government borrowed £1.6bn more in October than the previous year, making it the second-highest figure for the month in more than 30 years. The government’s borrowing – the difference …
Liontrust: Asset manager launches cost-saving spree as profit shrinks
Liontrust’s profit continued to sink over the last six months, as the asset manager reported a 28 per cent drop in adjusted profit before tax. Despite a drop in adjusted …
JD Sports: Profit at FTSE 100 giant to be at lower end of expectations
JD Sports has revealed its full-year profit will now be towards the lower end of its expectations after softening consumer demand hit its sales. The Greater Manchester-headquartered FTSE 100 giant …
Jet2 hikes dividend on record profit as holiday prices rise again
Jet2 hiked its interim dividend after reporting a record profit and revenue and its busiest-ever six month of passenger numbers. The airline and package holiday provider expects to pay an …
Close Brothers restarts motor finance lending following landmark ruling
Close Brothers has restarted its motor finance lending practice a month after a landmark court ruling over the legality of its business. On 25 October, a court ruled that a …
Ofwat blocks nine water firms from using customer cash for hefty bonuses
Nine water companies will be barred from funding hefty executive bonuses with customer s’money, the regulator Ofwat has said. The watchdog said it would step in and use new powers …
Ed Warner: Gold rush for athletes as sport venures into crazy territory
Jake Paul’s fight with Mike Tyson is the latest proof that these are lucrative times in sport whatever your age or experience, writes Ed Warner. Too much money chasing too …
What should an office for value for money do?
There’s no point in raising money if it won’t be spent well. Joe Hill lays out how the office for value for money could actually help. We are often reminded …
Why tech bros in the White House could be a good thing
Elon Musk’s appointment has certainly been divisive, but more tech expertise in government is only a good thing, writes Julia Adamson The appointments of Silicon Valley giants to Trump’s new …