(Alliance News) - Millions of people in the UK mis-sold car loans could receive compensation this year under plans to set out final rules for a redress scheme later this month, the City watchdog has said. Read More
(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The UK's financial watchdog has said motor finance firms must start handling complaints two months earlier than originally planned, as it finalises a compensation scheme for those affected by the mis-selling saga. Read More
(Alliance News) - Vanquis Banking Group PLC on Wednesday said it may have to raise its provision for motor finance mis-selling, while it forecast a lower net interest margin as it takes on more lower-risk mortgage business. Read More
(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
(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
(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
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(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
(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
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - London's FTSE was on the decline on Thursday afternoon, while the pound moved above the USD1.34 mark, after the Bank of England cut rates in a decision that needed a second vote. Read More
(Alliance News) - The FTSE 100 rebounded on Monday after Friday's tariff-related sell-off, lifted by gains in Lloyds Banking Group after a less severe than forecast motor finance ruling. Read More
(Alliance News) - Shares in UK motor finance providers rose sharply on Monday after the UK's financial regulator gave a range of outcomes as it unveiled a redress scheme for customers impacted by car financing agreements. Read More
