
Car finance payouts pushed back to 2027 as legal challenges stall £9bn redress scheme
FCA warns £9bn car finance mis-selling payouts, averaging £829 across 12.1 million agreements, are unlikely before 2027 as carmakers mount legal challenges.
The latest news affecting small and medium sized (SME) businesses in the UK

FCA warns £9bn car finance mis-selling payouts, averaging £829 across 12.1 million agreements, are unlikely before 2027 as carmakers mount legal challenges.

Amazon opens a £500m robotic fulfilment centre in Northampton and confirms the UK's largest cross-dock facility for Kettering, taking its Northamptonshire investment past £1bn and creating…

WH Smith is raising £100m through a share placing after cutting profit guidance, blaming a US sales slump and fallout from the US-Iran conflict.

A suppressed Cabinet Office dossier found £28bn of UK aid and Covid relief reached Islamic State, Russia, China-linked firms and crime gangs between 2015 and 2021.…

Record May heat sent UK retail sales up 3.7%, with fans, sandals and barbecues flying off the shelves. But with inflation set to top 4%, the…

Reading-based NewOrbit has raised £13.8m to launch the world's first commercial satellite built for very low Earth orbit, a potential British rival to Elon Musk's Starlink.

Almost 200,000 households earning more than £104,000 a year now claim Personal Independence Payment, as Britain's disability benefits bill heads towards £41bn. Inside the numbers driving…

Tata Steel warns its £1.25bn Port Talbot electric arc furnace could slip by up to eight months after National Grid flagged delays connecting the plant to…

Marks & Spencer is creating 1,000 management traineeships for 18 to 24-year-olds, no degree required, as more than a million young Britons sit outside work or…

Business secretary Peter Kyle says the state will ‘aggressively’ take bigger stakes in fast-growing British firms, putting billions of taxpayer pounds behind home-grown innovation to jump-start…

Retail tycoon Touker Suleyman is leaving Dragons' Den after a decade, telling followers at 72 it is time to reprioritise. Here is what his exit means.

Kanya King CBE, the entrepreneur who remortgaged her home to launch the MOBO Awards and went on to reshape the British music industry, has died aged…

Small firms installing solar panels and heat pumps under the government's ECO4 scheme say large energy suppliers owe them thousands as the £1.3bn programme winds down.

Barclays warns the UK has "lost control of its international narrative" as its share of global foreign capital slides to 7%, costing Britain an estimated £2.5trn…

Shares in HSBC, Standard Chartered and Prudential tumble as Beijing curbs capital flight, with banks halting Hong Kong account openings for mainland Chinese clients.