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Close Bros (CBG) Share News

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Close Brothers hits out as doubles provision for motor finance redress

14th Oct 2025 08:58

(Alliance News) - Close Brothers Group PLC on Tuesday nearly doubled its provision for motor finance compensation, even as the merchant bank complained that the redress plan set out by the UK regulator is not "proportionate" and won't match "actual customer loss". Read More

LONDON BRIEFING: BP in weak oil trading; Close Brothers ups provision

14th Oct 2025 07:59

(Alliance News) - BP expects to post higher Upstream output for the third quarter, Close Brothers lifted its car finance provision and Bellway said a tough consumer backdrop in the housebuilding sector has persisted. Read More

LONDON MARKET CLOSE: Banks weigh on FTSE 100, but Delta Air lifts IAG

9th Oct 2025 17:11

(Alliance News) - Falls in heavyweight lenders HSBC Holdings and Lloyds Banking Group, plus ex-dividend stocks, saw the FTSE 100 fall from recent record highs on Thursday. Read More

Close Brothers expects material increase to motor finance provision

9th Oct 2025 12:41

(Alliance News) - Close Brothers Group PLC shares fell on Thursday as it said the Financial Conduct Authority's proposed compensation scheme for UK motor finance customers is likely to result in a material increase in its existing provision of GBP165 million. Read More

LONDON MARKET OPEN: Lloyds down on fresh motor finance warning

9th Oct 2025 09:09

(Alliance News) - The FTSE 100 opened lower on Thursday, after most of the price increases requested by several English water companies were rejected by UK Competition & Markets Authority-appointed experts. Read More

LONDON MARKET CLOSE: FTSE 100 at new high as gold rush boosts miners

8th Oct 2025 17:01

(Alliance News) - The FTSE 100 hit new heights on Wednesday, boosted by gains in miners as the price of gold surpassed USD4,000 an ounce for the first time. Read More

LONDON MARKET MIDDAY: Stocks mixed as Lloyds rides "relief rally"

8th Oct 2025 12:00

(Alliance News) - The FTSE 100 index was in the green at midday on Wednesday, after the Office for National Statistics revised down UK government borrowing figures for the current fiscal year by GBP2 billion, following the discovery of an error in the original data. Read More

Lloyds reviews impact of FCA's GBP8.2 billion car finance redress plan

8th Oct 2025 08:45

(Alliance News) - Lloyds Banking Group PLC on Wednesday said it is reviewing the potential impact of a proposed industry-wide compensation scheme for UK motor finance customers following an announcement by the Financial Conduct Authority. Read More

FCA estimates car finance mis-selling will cost banks GBP8.2 billion

7th Oct 2025 17:41

(Alliance News) - The Financial Conduct Authority on Tuesday said UK car finance mis-selling will cost banks around GBP8.2 billion, lower than it had previously forecast. Read More

LONDON BROKER RATINGS: Jefferies, Citigroup cut Mondi price targets

7th Oct 2025 09:24

(Alliance News) - The following London-listed shares received analyst recommendations on Tuesday morning and on Monday: Read More

LONDON BROKER RATINGS: Goldman raises Bunzl; Barclays cuts Tate & Lyle

3rd Oct 2025 09:30

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More

LONDON MARKET MIDDAY: FTSE 100 higher despite US shutdown fears

30th Sep 2025 12:09

(Alliance News) - Stock prices in London edged higher at midday in London, shaking off early losses and the threat of a US government shutdown, as investors digested a broad slate of earnings releases. Read More

Close Brothers to exit loss-making vehicle hire amid ongoing revamp

30th Sep 2025 10:11

(Alliance News) - Close Brothers Group PLC on Tuesday said it will offload its loss-making vehicle hire business as its continues to restructure amid motor finance litigation uncertainty. Read More

Close Brothers to exit loss-making vehicle hire amid ongoing revamp

30th Sep 2025 10:11

(Alliance News) - Close Brothers Group PLC on Tuesday said it will offload its loss-making vehicle hire business as its continues to restructure amid motor finance litigation uncertainty. Read More

LONDON MARKET OPEN: Stocks fall amid busy day for earnings

30th Sep 2025 09:12

(Alliance News) - Stock prices in London opened lower on Tuesday morning amid a swathe of earnings before a deadline on the last day of the third quarter. Read More

LONDON BRIEFING: Legal & General names CFO; Falcon Oil accepts offer

30th Sep 2025 07:58

(Alliance News) - Legal & General names its new chief financial officer, Close Brothers swings to a loss while Falcon Oil & Gas accepts a takeover offer. Read More

UK earnings, trading statements calendar - next 7 days

23rd Sep 2025 13:48

Read More

Sage CFO and Experian director joins Whitbread in non-executive role

15th Sep 2025 11:12

(Alliance News) - Whitbread PLC on Monday said it has appointed Sage Group PLC's Jonathon Howell as an independent non-executive director. Read More

Up to 30 million UK car finance deals eligible for compensation — FCA

9th Sep 2025 12:34

(Alliance News) - Up to 30 million car finance deals made between 2007 and 2020 could be eligible for compensation, the head of the UK's financial watchdog has said. Read More

UK FCA "focused on proportionate and workable" motor finance solutions

5th Sep 2025 11:44

(Alliance News) - The chief executive of the UK Financial Conduct Authority, FCA, has said the body recognises the record keeping challenge for some firms that could be involved in a potential motor finance redress scheme. Read More

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