Chancellor slammed over car finance scandal intervention
The Chancellor's attempt to intervene in the escalating car finance scandal has been branded 'disgraceful' by critics, sparking outrage and calls for accountability.
Category : Search result: finance sector
Martin Lewis: Claim car finance compensation now
Money-saving expert Martin Lewis advises UK motorists to check if they're owed thousands due to hidden commission in car finance agreements, following a pivotal Supreme Court decision.
Debt repayment trick to wipe thousands off your balance
A simple yet effective method to reduce your credit card debt faster and save on interest payments. Discover how prioritising high-interest debts can make a difference.
Millions could claim car finance compensation
UK motorists may be entitled to payouts after financial regulators uncovered widespread unfair commission practices in car finance agreements.
Car finance scandal: Hidden commissions exposed
Thousands of UK drivers could be owed compensation due to hidden commissions in car finance deals. Here’s how to check if you’re affected and what to do next.
FCA ruling opens door to car finance compensation claims
The Financial Conduct Authority (FCA) has uncovered widespread unfair commission practices in car finance, potentially leading to billions in compensation for affected customers.
Chancellor considers merging all ISAs into single account
The UK government is exploring plans to merge multiple ISA accounts into a single, simplified product, potentially reducing capital gains tax burdens for savers.
Standard Chartered CEO criticises banks dropping climate pledges
The CEO of Standard Chartered criticises financial institutions backtracking on climate pledges, urging stronger action against global warming.
Shell profits down, announces $3.5bn buyback
Shell's Q2 profits decline due to lower oil prices, but the energy giant pushes ahead with a $3.5bn share buyback scheme.
Police union slams 'inadequate' pay offer after approving it
The head of Queensland's police union has publicly criticised the state government's pay proposal, calling it insufficient just days after initially accepting the deal.
UK retail sales slump sparks calls for government action
Retail sales in the UK have plummeted, prompting calls for Chancellor Jeremy Hunt to intervene. Rising inflation and weak consumer demand continue to squeeze the sector.
Visa crackdown threatens UK care sector staffing
The UK care sector faces a staffing crisis as Labour's new visa restrictions could deter migrant workers, leaving vulnerable patients at risk. Experts warn this policy is short-sighted and politically motivated.
Nationwide shakes up overdraft fees
Nationwide Building Society announces bold changes to overdraft charges, aiming to simplify fees and support customers. Find out how this could impact your finances.
Santander UK job cuts amid profit push
Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.
HSBC: Bank tax hike risks UK growth
HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.
HSBC Canada CEO resigns amid strategic changes
HSBC Canada's CEO Dave Clark steps down as the bank navigates strategic changes and economic turbulence in Argentina, with leadership passing to Linda Seymour.
PayPal launches crypto payments for UK users
PayPal introduces a revolutionary cryptocurrency payment option, allowing seamless transactions with digital assets for UK customers.
Clattenburg: FFP rules hurt Sunderland's survival bid
Former Premier League referee Mark Clattenburg reveals how Financial Fair Play regulations impacted Sunderland's top-flight survival bid after promotion.
Finance chief sues over £10k bonus after 18 days' work
A finance director who was off sick for most of the year is taking legal action after receiving a 'disappointing' £10,000 bonus – despite working only 18 days.
IMF boosts UK growth forecast as economy shows resilience
The International Monetary Fund (IMF) has upgraded its forecast for UK economic growth, signalling a potential turnaround amid global uncertainty. Chancellor Rachel Reeves welcomes the news as a sign of stability.
UBS: More Americans dream of millionaire status
A new UBS report shows a growing ambition among Americans to achieve millionaire status, with many prioritising wealth accumulation over traditional career goals.
Peru’s Paddington Bear Bond Raises £1.1bn in London
Peru issues a unique ‘Paddington Bond’ inspired by the beloved bear, raising £1.1 billion on the London Stock Exchange to fund sustainable projects.
FTSE 100 rallies on renewed investor optimism
The FTSE 100 surged as investors reacted to positive economic signals. Discover which stocks led the gains and what this means for your portfolio.
Claim back student loan overpayments before deadline
Graduates in the UK could be owed thousands in overpaid student loans. Here's how to check and reclaim your money before the deadline.
Commonwealth Bank cuts jobs amid AI revolution
Commonwealth Bank announces major job cuts as artificial intelligence reshapes the banking sector. Find out how AI is transforming the industry and what it means for employees.
UK care sector faces 152,000 staff shortage crisis
New figures reveal a deepening crisis in the UK's adult social care sector, with a staggering 152,000 vacant positions. Experts warn of severe consequences for vulnerable adults as recruitment struggles continue.
Union demands fair pay for private sector workers
Unison leader Christina McAnea calls for equal pay and conditions for private sector workers under Labour's proposed New Deal, highlighting the need for fair treatment across all sectors.
8 key money changes coming in August 2024
From energy price cap updates to benefit increases, here are the key financial changes hitting wallets in August 2024.
Car finance scandal: Millions may claim compensation
Drivers mis-sold car finance deals may be entitled to significant payouts as regulators investigate unfair commission schemes. Here's what you need to know.
Wrexham's Championship wage dilemma shocks Reynolds
Hollywood star Ryan Reynolds faces a tough financial balancing act as Wrexham AFC's wage bill soars in the Championship. Discover the challenges ahead for the club's fairy-tale rise.
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