The Finance and Leasing Association (FLA), the trade body representing the car finance industry, has deemed the financial regulator’s proposed compensation scheme for alleged car finance mis-selling as “completely impractical.”…
The Financial Conduct Authority (FCA) has indicated that a compensation scheme addressing the mis-selling of car loans could amount to as much as £18 billion. As reported on Friday, the…
Exeter Airport is poised to be acquired in a multimillion-pound transaction encompassing two additional regional airports in England. According to BBC sources, investment firm ICG has reached an agreement with…
“`html At a fuel plant near Hull, a delivery of 20 tonnes of wheat is unloaded from a lorry into storage, destined for conversion into ethanol—a biofuel blended with gasoline…
While automobiles and smartphones are prominent South Korean exports to the US, beauty products from the Asian nation have cultivated a particularly devoted following. K-beauty, encompassing a diverse array of…
The government has confirmed that production has ceased at the Lindsey Oil Refinery in Lincolnshire. The refinery, located near Immingham, was placed under the control of the Official Receiver in…
A recent ruling by the UK’s highest court has significantly curtailed the potential for millions of motorists to seek compensation for alleged motor finance mis-selling. The Supreme Court opted against…
Upon initiating his trade war, then-President Donald Trump stated his objectives: to repatriate American jobs and manufacturing, diminish trade deficits, and foster a more equitable environment for U.S. companies competing…
U.S. President Donald Trump announced his intention to dismiss the head of the agency responsible for publishing key economic data, following a disappointing jobs report that intensified concerns about his…
The Supreme Court’s ruling is likely to bring a sense of relief to senior executives in the finance and banking sectors, though overt celebrations are unlikely. The verdict significantly reduces…