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Car finance scandal: Payouts of £700 per driver under compensation plans
Posted onMillions of victims of car finance mis-selling could receive less compensation than previously estimated, under plans from the regulator. The Financial Conduct Authority (FCA) said payouts could result from 14 million motor finance agreements between April 2007 and November 2024. The regulator previously suggested motorists could receive less than £950 per deal, but it now…
The global winners and losers of the war in Iran
Posted onFirstly, because some producers are heavily exposed to disruption in the Middle East. ExxonMobil, for instance, has operations at Qatar’s Ras Laffan industrial hub, where production has been shut down since early March, and which has now been hit by Iranian missile attacks, causing “extensive damage”.
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Posted onWill Andy Burnhams devolution plan raise economic growth?
Posted onSome analysts have questioned whether those recent productivity figures are reliable, in part, because some of the high growth spots are in residential areas, and that they could be explained in part by errors in the data, external. Nevertheless, many economists do think Greater Manchester has performed better than other UK city regions over the…
How could the US-Iran deal affect oil prices and the cost of food?
Posted on“Even if ships now have safe passage, tankers are in the wrong place, oil production/refining facilities need to get up to full capacity, and questions over the cost and availability of insurance for ships traversing the Strait will remain,” he said.
