7 d. ago Lloyds hikes cash set aside for car finance scandal payouts to £2BN

Lloyds on Monday said it would raise its concerns with the Financial Conduct Authority as it ramped-up provisions for potential costs by £800million.

Economics

8 d. ago 7 tips to keep your car running in winter and avoid £2,500 fine

MoneyMagpie Editor and financial expert Vicky Parry shares top tips to keep car costs low and avoid unexpected fines

Economics

9 d. ago Financial costs related to Perth fatal fire mount to over £3.2 million for Perth and Kinross Council

A large proportion is for demolition work; the local authority is in discussion with insurance companies to recover costs and with the Scottish Government

Economics

1 week ago Sir Jim Ratcliffe doubles down on brutal Manchester United cost

Man Utd co-owner Sir Jim Ratcliffe has opened up on the savage job losses and brutal cost-cutting measures he claims were necessary to keep the club financially viable

Politics

1 week ago Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

1 week ago Kate Garraway's financial worries as she signs up for The Traitors Celebrity

Kate Garraway has been extremely open about her financial worries in recent years due to the significant costs she incurred while caring for her late husband, Derek Draper

Politics

1 week ago Bank of England warns growing risk AI bubble could burst; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

1 week ago Spot gold rises above $4,000 for the first time; car dealer Vertu Motors warns of £5.5m profit hit from JLR disruption – business live

Gold has doubled in two years and extends 50% rally so far this year amid central bank buying and political turmoilPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and the Abu Dhabi wealth fund, which completed in March.Har...

Economics

1 week ago Compensation payouts due on 14m unfair car loans, watchdog says

The Financial Conduct Authority estimated its redress scheme could cost lenders £8.2 billion in compensation.

Politics

3 w. ago Saga returns to profit thanks to cruise demand but financing costs weigh

Strong demand for cruises and holidays helped boost Saga return to a pre-tax profits in the first half after slumping to a major loss last year.

Economics

3 w. ago CBeebies star 'fired over topless snaps' couldn't afford to turn heating on

A former CBeebies presenter, who lost her job after posing for an almost naked photoshoot, has admitted that she once struggled financially and couldn't afford energy costs

Events

3 w. ago Michael Stewart accuses Celtic of 'hiding' something in financial results and spots mistake that's cost them £40m

Stewart has once again swung for the Celtic board after their financial results sparked more fan fury

Economics