Anna Wise

Politics

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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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’.
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.
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.
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.
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.
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”.
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.
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.
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.
9 Apr 2026