3 h. ago Lenders warn of bigger hit to finances from £11bn car loan compensation plan

Lloyds Banking Group and Close Brothers both said they were expecting to have to put aside more money to cover costs related to the mis-selling saga.

Events

10 h. ago Lloyds warns of ‘material’ extra provision needed for car finance payouts

Lloyds has significant exposure to the car finance industry.

Events

30 h. ago Drivers warned of 'unnecessary' £630 fees in car finance payout claims

Millions of drivers could be owed hundreds of pounds in compensation

Economics

31 h. 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

31 h. ago DVLA issues urgent warning to drivers who may actually not have cover

The DVLA has issued an urgent warning to drivers who have declared their car SORN and are planning to use it again after a long period of time

Events

4 d. ago The kindness of strangers: my melons went flying and a group of old ladies came to the rescue

White hair, head scarves and one with a walking stick – they looked like they had stepped out of the same babushka dollRead more in the Kindness of strangers seriesOne Saturday morning, I accompanied my mum to the local market to do our weekly fruit and veg shop. Mum was still looking around when I offered to take the shopping back to the car, which was stuffed into a little red trolley. It was like a Mary Poppins bag – quite a small thing, but it was surprising how much you could load it up. Or so we thought.With the trolley heaving under the weight of an already full load of groceries, my mum rested a box of honeydew melons on top. She warned me to be careful getting it back to the car. Continue reading...

Events

7 d. ago Scottish Nationalists back unlimited council tax rises for second home owners

The SNP last night backed a Green amendment to the Housing (Scotland) Bill which will allow councils to more than double the amount of tax that second home owners pay.

Politics

8 d. ago Martin Lewis says 'things have turned a corner' in warning to car owners

The money-saving expert urged people to avoid being complacent

Events

8 d. ago UK manufacturing activity shrinks at fastest pace for five months

Firms linked to the car industry warned that their supply chains were impacted by production shutdowns at Jaguar Land Rover.

Politics

1 week ago Welsh council issues car park warning to drivers as police notified

People have been asked to remain 'vigilant' at car parks

Events

1 week ago Government considering aid for Jaguar Land Rover suppliers following cyber attack

THE Government is considering aid for Jaguar Land Rover suppliers after a cyber attack forced the car maker to halt production. It comes after warnings from unions and politicians that some parts companies could collapse without urgent financial support. JLR paused production at the end of August, and earlier this week extended the shutdown until...

Politics

2 w. ago UK drivers urged to 'go back to paying by cash' at car parks

Brits are being warned over 'QR code scam' tricking drivers at car parks and customers at pubs and restaurants

Economics

2 w. ago UK drivers who pay by phone at car parks warned as £1,000s taken from accounts

People across the UK are being warned of a 'QR code scam' tricking drivers at car parks

Economics

2 w. ago UK drivers who pay by phone at car parks urged to use cash instead

Brits are being warned over 'QR code scam' tricking drivers at car parks and customers at pubs and restaurants

Economics

2 w. ago Prolific bag thieves who brazenly swiped £2.5k of laptops and phones from City workers as they enjoyed pub drinks are jailed

Daniel Ramzi, 26, and Abderrahim Mamma, 29, carried out a string of brazen thefts at pubs and restaurants across the City of London , making off with £1,950 of valuables in just one day.

Economics

2 w. ago Drivers warned parking under tree for shade could damage your car

A former car salesman has issued a warning to drivers who park under a tree, as it could end up costing them thousands of pounds in repairs

Events

2 w. ago Car salesman warns drivers who park under tree it could 'melt paint'

If you drive, or have been driven, you'll likely have parked in a spot of shade when the temperature is high

Events

3 w. ago Warning to UK drivers after popular car brand 'issues recall for six models'

Renault has issued a recall notice on several of their popular vehicles, including the Megane E-Tech.

Events

3 w. ago Jaguar Land Rover could face £120m hit after factory shutdown extended – experts

The car giant has reportedly also warned suppliers that disruption could last into November.

Events

3 w. ago UK watchdog issues new car finance update on possible £1,100 compensation payout due next year

The FCA has launched a £1 million car finance campaign to warn people of unnecessary fees.

Economics