FCA proposes extending motor finance complaint deadline Banking The Financial Conduct Authority (FCA) is weighing up whether to extend the time that companies have to respond to motor finance complaints following a landmark high court ruling. In an announcement today, the watchdog said it is launching a consultation on whether to give firms more time to respond to customers’ concerns over the use [...]
‘FCA is not fit for purpose’: Motor finance lender bosses lash out Motor finance lender executives criticised the FCA performance of this sector, telling members of the Lords that the regulator is "not fit for purpose"
Supreme Court: Firms linked to top Morgan Stanley banker and Wayne Rooney denied tax allowances Legal Investment firms have been denied using tax allowances from a marketed tax scheme by the Supreme Court after it dismissed its appeal against the HMRC
Thomson Reuters falls at hurdle in fight against HMRC tax bill November 15, 2024 After trying to fight a whopping £167m tax bill, a court has sided with the tax agency against Thomson Reuters
How the Human Rights Act makes Britain harder to govern November 15, 2024 The Human Rights Act undermines Britain’s parliamentary democracy and common law tradition by placing the protection of human rights onto an unstable, frequently unknowable basis, says Yuan Yi Zhu In 1999, to protect victims of sexual assault from degrading treatment, parliament enacted legislation to protect complainants in sexual assault cases from being cross-examined in court [...]
Motor finance: The legal battles are only just beginning November 13, 2024 The legal troubles for banks and lenders may widen says a lawyer, following the success of the landmark Court of Appeal decision last month.
UK banks could limit buybacks as car loan scandal grows November 13, 2024 Some UK banks could be forced to reduce upcoming investor payouts, analysts have warned, as the Financial Conduct Authority mulls whether to expand a probe into now-banned car loan deals.
Top court rejects metro operator’s pay case against Unite and Lynch’s RMT November 13, 2024 The Supreme Court dismissed a Northern rail operator case over transport workers pay against two unions, including one headed by Mick Lynch
Supreme Court rules Sky acted in bad faith with trademark November 13, 2024 UK media giant Sky acted in bad faith when it applied for its trademarks, the Supreme Court said today in a long awaited and closely watched decision.
Motor finance: City watchdog considers deadline extension November 13, 2024 The Financial Conduct Authority (FCA) said firms are likely to receive a "high volume" of complaints following the Court of Appeal's judgement last month.