The British motor finance division of Ford has set aside over £155 million to address the repercussions of a recent car loans scandal. This significant increase in provisions, from £61
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Trustpilot is facing a €4 million fine imposed by the Italian competition authority, AGCM, for allegedly misleading consumers. The online review platform has stated its intention to robustly appeal this
Food fraud remains a largely underreported criminal activity, making accurate assessment of its scope particularly challenging. The practice encompasses various forms of adulteration, including ingredient dilution or substitution, document falsification
China has taken a significant regulatory step by banning hidden electric car door handles. This feature, which gained popularity through Tesla’s Model S launched in 2012, has been linked to
The Competition and Markets Authority is set to initiate major reforms by proposing the removal of 33 outdated restrictions deemed no longer relevant. This move is expected to benefit over
JP Morgan Chase has issued a warning that President Trump’s proposal to implement a ten per cent cap on credit card interest rates could significantly disrupt the business model of
Donald Trump has pledged to impose limits on credit card interest rates during his potential second term as President. This proposed policy has raised concerns among leading financial institutions. Financial
Waitrose has initiated a product recall affecting 750ml bottles of its No 1 Deeside mineral water following a Food Standards Agency alert regarding potential glass contamination. The supermarket removed the
The Financial Conduct Authority has announced a landmark shift in the regulation of contactless card payments in the United Kingdom. From 19 March 2026, the long-standing £100 cap on contactless
The UK government has confirmed the introduction of a ban on reselling tickets for profit, marking a significant shift in its stance on the controversial secondary ticket market. This legislation
O2’s surprise announcement of a steep monthly price hike has ignited calls for regulatory action, prompting the UK Government to push for greater protections for consumers. Technology Secretary Liz Kendall
UK regulators are intensifying their efforts to protect consumers amid a surge of claims management companies and law firms seeking a slice of billions in car finance compensation. Recent actions
The Financial Conduct Authority has ordered car insurers to pay out more than £200 million in compensation to 270000 drivers after uncovering a widespread practice of undervaluing vehicles when settling
British motorists are poised to receive automatic compensation payments following the Financial Conduct Authority’s (FCA) announcement of a comprehensive redress scheme addressing the motor finance mis-selling scandal. The regulatory body
Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), recently addressed MPs regarding the potential consequences of the government’s directive to stimulate economic growth. This initiative, he explained,
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
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