Financial Insights That Matter As investors contend with Donald Trump’s recent US election victory and the potential impact of his policies on growth and inflation, a key question emerges: Is this the right time to shift from fixed-income investments to risk assets like stocks and shares? In an interview on Yahoo Finance Future Focus, Charles […]
Financial Insights That Matter Credit: Shutterstock.com Ayan Capital, a London-based Islamic fintech, has raised £2.8 million ($3.6 million) in equity funding to further expand its range of halal financial products in the UK, with a particular focus on Islamic car finance. The funding round was led by Cur8 Capital, a UK-based platform offering Sharia-compliant wealth […]
Financial Insights That Matter By JOHN-PAUL FORD ROJAS Updated: 05:17 EST, 11 December 2024 The scandal in the motor finance industry could end up costing as much as the £50billion payment protection insurance (PPI) debacle more than a decade ago, the City watchdog has admitted. Stephen Braviner Roman, legal director at the Financial Conduct Authority […]
Financial Insights That Matter Acknowledgements The Committee would like to thank the team that prepared this report and its analysis. This was led by Emma Pinchbeck, James Richardson, Emily Nurse, Richard Millar, Viv Scott, and Sam Karslake, and included Rose Armitage, Florence Bates, Tom Dooks, Cilla Hellgren, Elena Saggioro, Sophie Vipond, and Eveline White. Executive […]
Financial Insights That Matter A storm is brewing over car finance deals across the United Kingdom as the country confronts a scandal reminiscent of the notorious payment protection insurance (PPI) fiasco. Recent developments reveal deep-rooted issues within the automotive finance sector, prompting calls for accountability and potential payouts for aggrieved consumers. At the heart of […]
Financial Insights That Matter Nicosia, Cyprus – The United Kingdom and Cyprus are joining forces to combat illicit Russian finance, marking a significant step forward in international efforts to enforce sanctions against Moscow amid its renewed aggression in Ukraine. During his recent visit to the Mediterranean island, UK Prime Minister Keir Starmer met with Cypriot […]
Financial Insights That Matter Nearly 140,000 carers owe more than £250m for overpayment of a key benefit they receive, with a watchdog warning many may be racking up debt without knowing. The National Audit Office, the public spending watchdog, said the number who owe carer’s allowance overpayment debt had risen every year since 2018, and […]
Financial Insights That Matter Shares in Alphabet surged on Tuesday, closing the session more than 5% in the green, after Google unveiled a new quantum computing chip called Willow. Hartmut Neven, founder and lead at Google Quantum AI, said in an announcement on Monday that the chip offers “state-of-the-art performance across a number of metrics”. […]
Financial Insights That Matter (Reuters) – British lender Close Brothers on Wednesday said that it had been granted permission by the UK Supreme Court to appeal a ruling that needed motor finance brokers to fully inform customers about commissions when taking out car loans. The lender had paused writing new motor finance business in late […]
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