Download IPFS Thousands of motorists across Wiltshire and the wider UK may receive compensation of up to £950 after the Financial Conduct Authority (FCA) proposed a redress scheme for car finance customers affected by undisclosed commission arrangements. The scheme follows a Supreme Court ruling on 1 August, which found that[Read More…]

DOWNLOAD IPFS Thousands of pensioners across the UK could see their benefits reduced or withdrawn due to what experts are calling an “unfair” savings limit set by the Department for Work and Pensions (DWP). The threshold has remained unchanged since 2009 and could leave many older people worse off despite[Read More…]

DOWNLOAD IPFS The Bank of England (BoE) is widely expected to lower interest rates this Thursday, as concerns about declining economic activity and subdued inflation mount. Analysts believe the Monetary Policy Committee (MPC) will cut the base rate by 0.25 percentage points, signalling a shift in policy aimed at cushioning[Read More…]

Download IPFS A Dorset-based jeweller has expanded her independent business with help from a local enterprise grant aimed at supporting young entrepreneurs. Becky Walker, 29, from Harman’s Cross near Swanage, was awarded £1,000 through the Dorset Community Foundation’s SWEF Enterprise Fund. The fund supports individuals aged 18 to 30 who[Read More…]

Download IPFS Thousands of motorists across Wiltshire and the wider UK may receive compensation of up to £950 after the Financial Conduct Authority (FCA) proposed a redress scheme for car finance customers affected by undisclosed commission arrangements. The scheme follows a Supreme Court ruling on 1 August, which found that[Read More…]

Download IPFS Over £100 million in Premium Bond prizes remain unclaimed across the United Kingdom, according to the latest figures from National Savings and Investments (NS&I). A total of 2.5 million prizes have not been collected, including 11 prizes worth £100,000, 19 worth £50,000, 38 at £25,000, and 75 prizes[Read More…]

Download IPFS Hundreds of thousands of motorists across the United Kingdom may be entitled to compensation of up to £950 each following an industry-wide investigation into historic car finance mis-selling, according to the UK’s financial regulator. The Financial Conduct Authority (FCA) is examining widespread complaints related to “discretionary commission arrangements”[Read More…]

Download IPFS The Financial Conduct Authority (FCA) has proposed a compensation scheme worth between £9 billion and £18 billion to address widespread concerns over historic motor finance commission arrangements. The regulator’s plan could become one of the most significant redress schemes in UK financial history. The move follows over 10,000[Read More…]

Download IPFS British finance firms could face a compensation bill exceeding £9 billion following a regulatory review into controversial motor finance deals, despite a recent Supreme Court ruling that favoured the industry. The UK’s Financial Conduct Authority (FCA) announced on Sunday that, although the Supreme Court had determined that most[Read More…]

Download IPFS Millions of UK motorists mis-sold car finance deals will have to wait until 2026 to receive any compensation, according to the Financial Conduct Authority (FCA). The regulator confirmed that a formal consultation into a redress scheme will not begin until October this year, meaning payouts are unlikely to[Read More…]