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Car finance mis-selling: millions set to receive automatic compensation

Millions of motorists are poised to receive payouts without having to file a claim, under plans being drawn up by the Financial Conduct Authority...

11 hours ago

Business

Extra cladding tax will jeopardise 1.5 million homes target, warns Berkeley Group

Berkeley Group, one of the UK’s biggest housebuilders, has cautioned the government that introducing another cladding tax will place “significant pressure” on its aim...

23 hours ago

Business

BMW braced for €1bn hit as Trump’s tariffs disrupt global car trade

BMW has cautioned that recently imposed tariffs by the United States and the European Union will dent its earnings by at least €1 billion...

23 hours ago

Business

Businesses are embracing new product development after cost-cutting lull

Large firms are once again pouring resources into cutting-edge product and service development, according to Frazer Bennett, global head of innovation at PA Consulting....

23 hours ago

Business

James Dyson paid £1.2bn dividend in 2022 by technology group

The technology group Dyson has paid a £1.2bn dividend to the Singapore-based family holding company of its founder. The pro-Brexit entrepreneur Sir James Dyson...

October 13, 2023

Business

Lenders fear surge in mortgage defaults by end of the year

Default rates for mortgages and credit cards by households are expected to rise by the end of the year, according to a Bank of...

October 13, 2023

Business

Bernie Ecclestone’s £652M fine – A Lesson for Other Tax Evaders?

Taxpayers need to be honest with the Revenue as soon as their affairs are challenged and not call HMRC’s bluff; otherwise, they will end...

October 12, 2023

Business

Former Barclays boss Jes Staley fined £1.8m over Jeffrey Epstein scandal

The Financial Conduct Authority (FCA) has fined former Barclays boss James Staley, £1.8m and banned him from holding top jobs in the finance industry...

October 12, 2023

Business

myenergi lands £30m investment from Energy Impact Partners to drive growth and internationalisation

British smart home energy technology manufacturer, myenergi, has secured an investment of £30m to support significant future growth and internationalisation from Energy Impact Partners...

October 12, 2023

Business

Bernie Ecclestone pleads guilty to fraud charge after failing to declare over £400M of overseas assets

Bernie Ecclestone, the former boss of Formula One, has admitted fraud after failing to declare more than £400m held in a trust in Singapore....

October 12, 2023

Business

European variable pay management leader Qobra announces new €10m funding round

European variable pay management leader Qobra has announced a new €10m funding round. This follows an initial fundraising round of €5m in March 2022...

October 12, 2023