UK car finance industry faces major disruption as lenders halt deals ...
Oct 30, 2024 · The UK car finance industry faces turmoil after a landmark court ruling on commission disclosure. Major lenders pause credit services, raising fears of significant market disruption and possible financial fallout for banks.
Lord Bamford's £300m family windfall from JCB raises questions …
Oct 25, 2024 · Billionaire Lord Bamford's family secures a £300m payout from JCB following a 44% profit surge, as Labour signals tax hikes for the wealthy. With budget discussions looming, concerns grow over potential capital gains and property tax changes in the UK.
Russia fines Google $20 Decillion - more than all the money in the ...
Oct 30, 2024 · A Russian court has handed Google an astronomical $20 decillion fine—an amount that vastly exceeds the total money supply in the world—after the tech giant blocked accounts belonging to several pro-Kremlin TV channels on YouTube.
Reeves defends £4,400 heating claim for second home amid …
Sep 11, 2024 · Chancellor Rachel Reeves has faced criticism after justifying her decision to claim £4,400 in taxpayer-funded expenses for heating her second home, a day after MPs voted to scrap winter fuel payments of up to £300 for millions of pensioners.
Landmark Court of Appeal Ruling Promises £21bn Payout for …
Oct 25, 2024 · In a landmark victory for consumers, the Court of Appeal has ruled against PCP mis-selling in the Johnson v. Firstrand Bank case, paving the way for a £21bn payout. Learn more about this groundbreaking ruling and its impact on UK car finance.
UK minimum wage to rise to £12.21 in 2025
Oct 30, 2024 · The UK’s minimum wage will rise to £12.21 an hour for over-21s in April 2025, marking a 6.7 per cent increase from the current £11.44, the Chancellor has announced ahead of the Budget.
Bus fare cap to rise to £3 across England under new budget plan
Oct 28, 2024 · The bus fare cap in England is set to rise to £3, following an announcement by Prime Minister Sir Keir Starmer. The new limit, which will be introduced in the upcoming Budget, marks an increase from the current £2 cap that was implemented by the previous Conservative government as a cost-of-living measure.. The £2 cap was originally due to expire at the end of December, sparking speculation ...
UK interest rates ‘could fall as low as 2.75% in the next year ...
Oct 22, 2024 · Goldman Sachs predicts UK interest rates could fall to 2.75% by 2025, faster than market expectations, as inflation eases. Learn about the Bank of England's challenges ahead.
Farmers to hold ‘national strike’ against inheritance tax changes ...
Nov 13, 2024 · UK farmers are set to withhold meat and crop supplies from supermarkets in a national strike protesting Labour’s inheritance tax changes, impacting food security and traditional family farming.
US-China trade war risks wiping £8.5bn from UK exports, warns …
Nov 15, 2024 · UK export growth could shrink by up to £8.5 billion over two years if a full-scale US-China trade war erupts, Allianz Trade has warned. A protracted trade conflict between the world’s two largest economies could severely impact the UK’s manufacturing sector, according to Allianz Trade, the trade credit division of the global insurance and investment manager Allianz, formerly known as ...