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Anna Wise
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Car finance payouts likely to be delayed until at least 2027, warns watchdog
The Financial Conduct Authority said it has already spent more than £20 million developing the plans and that further costs lie ahead.
By
Anna Wise
9 Jun 2026
UK
Watchdog warns millions face ‘fresh uncertainty’ over car finance compensation
Three lenders and a consumer group have launched legal challenges to the Financial Conduct Authority’s redress scheme.
By
Anna Wise
1 May 2026
UK
Drivers take fewer trips to cut back on fuel and adjust spending, bank suggests
The Iran conflict raising the spectre of interest rate hikes also prompted a rush in mortgage activity in March.
By
Anna Wise
1 May 2026
Business News
NatWest earnings boosted despite gloomier outlook for UK economy
Like other high street lenders, NatWest expects to be bolstered by interest rates staying higher for longer.
By
Anna Wise
1 May 2026
Business News
Bank of England holds interest rates at 3.75% but hints at future hikes
Eight members of the Bank’s nine-person Monetary Policy Committee voted to hold interest rates steady.
By
Anna Wise
30 Apr 2026
UK
Premier Inn owner Whitbread plans 3,800 job cuts under five-year overhaul
Whitbread said it wanted to save money in light of cost pressures coming from business rates and national insurance contributions.
By
Anna Wise
30 Apr 2026
UK
Cheaper for Britons to rent than buy after mortgage rates rise ‘sharply’
The cost of a typical new mortgage payment has overtaken the average rent, according to analysis by Rightmove.
By
Anna Wise
30 Apr 2026
Business News
Mercedes-Benz among firms to challenge FCA’s car finance compensation scheme
It comes days after several of the UK’s biggest lenders said they had decided not to pursue a challenge.
By
Anna Wise
29 Apr 2026
Business News
UAE to leave Opec group of oil producers amid Middle East energy shock
The UAE joined Opec in 1967, and its departure will leave the oil cartel with 11 member countries including Saudi Arabia, Iran and Iraq.
By
Anna Wise
29 Apr 2026
Business News
Protesters halt NatWest shareholder meeting as boss defends climate policy
The annual general meeting was being held on Tuesday morning but had to be stopped for about half an hour amid disruption.
By
Anna Wise
29 Apr 2026
Business News
Aston Martin secures £50m financing as it posts another loss
The British luxury carmaker said the automotive industry was grappling with numerous challenges including US tariff policy.
By
Anna Wise
29 Apr 2026
Business News
Lloyds earnings jump by a third but UK economic outlook worsens
New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.
By
Anna Wise
29 Apr 2026
Business News
Shell strikes £12.1 billion deal to buy Canadian energy firm
The British energy giant said the acquisition will strengthen its resource base ‘for decades to come’.
By
Anna Wise
28 Apr 2026
Business News
Barclays sets aside £823m for bad debts after fraud hit but profits rise
The banking group’s impairment charge was largely driven by a one-off loss surrounding a single customer within its investment bank.
By
Anna Wise
28 Apr 2026
Money
Path clears for city watchdog to proceed with £9.1bn car finance payout scheme
The Finance and Leasing Association said it had ‘concerns’ about the programme but that it was choosing not to raise a legal challenge.
By
Anna Wise
27 Apr 2026
Tech
OpenAI says energy costs and regulation hold back major UK investment
OpenAI said the plans were being shelved until the ‘right conditions’ allow for long-term investment in the UK’s infrastructure.
By
Anna Wise
14 Apr 2026
Business News
Vinted sales surge to near £1bn as second-hand shopping stays on trend
Revenues totalled 1.1 billion euros (£960 million) for 2025, up 38% on the year before.
By
Anna Wise
14 Apr 2026
UK
Domino’s takes on restaurant rivals with new range of thinner pizzas
The takeaway firm said it was responding to increasing demand for a “restaurant experience at home”.
By
Anna Wise
13 Apr 2026
Business News
We cannot be tone deaf, says TGI Fridays boss betting on lower prices
Ray Blanchette said he wanted to revive the brand among UK consumers after losing its way in recent years.
By
Anna Wise
13 Apr 2026
Business News
Airports warn of ‘systemic’ jet fuel shortage if Strait of Hormuz stays closed
Airports Council International wrote a letter to the European commissioners for energy and transport and tourism.
By
Anna Wise
10 Apr 2026
Business News
London IPOs dry up in 2026 as firms fear global volatility and AI bubble
But experts said there were firms waiting in the wings which could lead to a rebound later in the year.
By
Anna Wise
9 Apr 2026
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