Aston Martin has raised concerns over the UK government’s failure to provide state backing for small-volume manufacturers, claiming this leaves the company at a distinct competitive disadvantage compared to its
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British manufacturers and exporters have expressed optimism following the announcement of a breakthrough trade deal between the United Kingdom and the United States. The agreement, confirmed on 8 May 2025,
Aston Martin Lagonda has decided to scale back its exports to the United States as it keeps a close eye on the effects of American tariffs on luxury vehicle demand.
Keir Starmer has announced a series of significant measures aimed at bolstering the car and pharmaceutical sectors as the UK grapples with a shifting global landscape following Donald Trump’s imposition
Some of the world’s largest car manufacturers and two prominent industry trade bodies have been penalised nearly £460 million for participating in a cartel related to vehicle recycling and advertising
The UK car industry is bracing for potential ramifications as President Trump’s administration prepares to impose a 25 percent tariff on car imports. The new levies, set to take effect
On March 26 2025 Donald Trump announced an ambitious plan to impose tariffs of 25 percent on all vehicles imported into the United States This significant decree aims to generate
Santander UK has announced plans to close 95 branches across the country as part of a restructuring strategy, a move expected to put approximately 750 jobs at risk. The closures,
Close Brothers, one of the United Kingdom’s leading car loan providers, has reported a staggering operating loss of £103.8 million for the six months leading up to 31 January. This
The Treasury has announced a review into the Financial Ombudsman Service (FOS), following concerns that the body has overstepped its powers as a complaints adjudicator into the realm of a
The Financial Conduct Authority (FCA) is on the verge of introducing a compensation scheme that could see banks proactively inform borrowers if they have been mis-sold car loans, potentially resulting
Car registrations in the United Kingdom decreased for the fifth consecutive month in February, with a 1 per cent overall decline compared to the same period last year. Data released
Lloyds Banking Group has significantly increased its compensation provision for potentially mis-sold motor finance to £1.1 billion following a landmark court ruling, forcing the FTSE 100 lender to set aside
The Supreme Court delivered a significant blow to Chancellor Rachel Reeves on Monday by rejecting her attempt to intervene in a landmark case concerning the motor finance commission scandal, which
MONY, the rebranded price comparison platform formerly known as Moneysupermarket.com, has reported record earnings for the previous year, driven by increased switching in the motor and home insurance markets. The
A major upheaval in the UK car finance sector has emerged as Close Brothers, one of Britain’s largest motor finance providers, announced plans to allocate up to £165 million for