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Motoring
10:29, 27 APR 2026
FCA car finance mis-selling scheme moves ahead after industry body drops legal challenge
Motoring
The Finance and Leasing Association said it had 'concerns' about the FCA's £9.1bn motor finance compensation scheme but would not challenge it
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Close Brothers faces £320m FCA motor finance hit as industry warns of legal challenges
Finance
Analysts predict further legal battles over redress scheme are "highly likely"
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‘Acquisition-hungry’ Principal Insurance buys Bristol’s Europa Group to become one of º£½ÇÊÓÆµâ€™s biggest motorbike insurers
Deals
Growing group says deal 'will invigorate a market that is in need of invigoration'
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Close Brothers to axe 600 jobs as motor finance losses mount
Professional Services
FTSE 250 bank will cut fifth of workforce following £300m provisions for car finance mis-selling redress scheme
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FCA signals potential changes to motor finance compensation scheme after industry backlash
Motoring
º£½ÇÊÓÆµ financial watchdog considering over 1,000 responses to proposals
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Santander º£½ÇÊÓÆµ delays earnings and calls for government intervention in FCA motor finance scheme
Santander
The Spanish banking giant was due to publish its financial report for the third-quarter on Wednesday but has put it on hold 'pending greater clarity regarding the [FCA]'s proposals'
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Zuber Issa backs famous oil brand Duckhams – and says Bolton business 'has immense potential for growth'
Issa Brothers
Duckhams has 126-year history and long track record in motorsports
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Decision on huge motorway upgrade to be made within weeks
North West
The project, affecting the M60, M62 and M66 routes, would see a 'northern loop' built to create a new free flowing traffic section without the need for thousands of vehicles a day to use the current traffic light controlled roundabout
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