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Car finance compensation scheme faces challenge and delay
Kevin Durkin, from HD Law, which represented Marcus Johnson, who won his case in the Supreme Court, said: “The current scheme simply does not have the general public’s needs at the forefront. While a judicial review may result in a short-term delay, we hope it can deliver a fairer, more equitable outcome for consumers overall.
Sixes: Social cricket-themed bar chain goes into administration
Michael RaceBusiness reporter BBC Sixes, the cricket-themed social chain backed by England captain Ben Stokes, has gone into administration following a “challenging trading period”. All of the company’s 15 UK-based venues remain open, but one branch in Southampton has closed following the decision, with three staff members losing their jobs. Administrators FRP Advisory said talks…
US economy grows at fastest pace in two years
Natalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…
