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September 1, 2025

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Neil Woodford and his investment firm fined almost £46m over fund failings

FCA also bans former star stock picker from holding senior manager roles and managing funds for retail investorsBusiness live – latest updatesThe former UK star stock picker Neil Woodford and his investment management company have been fined almost £46…

August 5, 2025
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High street banks lose £100bn in deposits as UK savers shift to online rivals

KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societiesHigh street banks across the UK have lost the equivalent of £100bn in savings as more customers turned from traditional lenders towards onlin…

August 4, 2025
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City regulator unveils car loan compensation scheme worth up to £18bn

FCA says motorists should start to receive payments in 2026 with ‘most individual payouts likely to come in under £950’Explainer: what the supreme court ruling means for UK motoristsDrivers could be handed a share of between £9bn and £18bn in compensat…

August 3, 2025
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Millions in line for payouts from £18bn car loan compensation scheme

City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’Explainer: what the supreme court ruling means for UK motoristsEditorial: Mis-sold loans demand action, not excuses or spinMillions of drivers…

August 3, 2025
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Fewer green energy tariffs offered as British households opt for cheaper deals

Industry data shows suppliers have scaled back premium-priced deals based on renewables as demand fallsThe number of green energy tariffs available to British households has plummeted during the cost of living crisis as bill payers choose affordability…

August 3, 2025
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Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’

Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean Rachel Reeves’ efforts to intervene in the supreme court case on the car finance scandal were “unprecedented and disgraceful” and send a “really bad…

August 2, 2025
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Airbnb guest says images were altered in false £12,000 damage claim

Woman wins apology and refund of almost £4,300 after claiming host’s photos were digitally manipulatedAirbnb has apologised to a woman after an apartment host falsely claimed she had caused thousands of pounds’ worth of damage and used images she says…

August 2, 2025
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Blow for consumers as supreme court hands partial win to car finance firms over loans

Judges dismiss compensation save for the most serious cases in move that will also be a blow to the claims industryThe supreme court has partly overturned a lower court decision on the car finance commission scandal, closing the door to compensation ex…

August 1, 2025
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Car finance scandal: UK supreme court poised to rule on hidden commissions

Verdict could could pave way for millions of motorists to claim compensation for mis-sellingThe UK’s highest court is poised to give its verdict on the £44bn car finance scandal, which could pave the way for millions of motorists to claim billions of p…

August 1, 2025
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UK house prices rebound as market recovers from June dip

Average price of property rises 0.6% in July to £272,664, says NationwideHouse prices in the UK returned to growth last month, as the market recovered from a dip in June after the end of a tax break on stamp duty.The average price of a home rose 0.6% i…

August 1, 2025
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