The UK Financial Conduct Authority (FCA) has launched an investigation into car finance practices, focusing on potential overcharging.Lloyds has reserved £450 million to address possible compensation claims linked to the FCA’s probe.The investigation highlights discretionary commission practices, which were banned in 2021, potentially inflating costs for consumers.Lloyds, owning a significant motor finance arm, Black Horse, faces heightened exposure to these claims.Analysts predict the overall compensation for the sector could run into billions, adding to the uncertainty.The Financial Conduct Authority has initiated a detailed investigation into car finance practices, specifically examining whether consumers have been overcharged due to certain commission arrangements.…
Author: Scott Dylan
Scott Dylan is the Founder of NexaTech Ventures
London-based designer Martine Rose unveils her first collection as guest creative director for Clarks.The collection was first previewed at the spring/summer 2024 catwalk show of Martine Rose’s eponymous label last June.The collection is available starting today on MartineRose.com and at Selfridges in London, with wider availability beginning on 16 February at Clarks.com and selected stores.Retail prices range from £140 to £260, featuring sandals, loafers, Oxfords, and the Torhill Hi – inspired by the iconic Clarks Wallabee.The campaign ‘Coming Up Roses,’ shot by Sharna Osbourne, reflects the comfort and intimacy of the new designs.Last May, Clarks announced Martine Rose as its…
Best Solicitors partners with Support Dogs for a community-driven event.The firm offers a complimentary will-writing service to support the charity.Special event on 14 February 2024 includes meeting assistance dogs.Proceeds from a cake sale will aid those with disabilities.The charity highlights a crucial need for legacy donations.Yorkshire law firm, Best Solicitors, joins hands with Sheffield-based charity, Support Dogs, to demonstrate their commitment to the community through a heartwarming event. The collaboration aims to support individuals living with autism, epilepsy, or physical disabilities. Best Solicitors is enhancing its support by providing a complimentary will-writing service, encouraging legacy donations to aid the charity’s…
Businesses are facing significant challenges in retaining and attracting employees due to a lack of clear brand values and company purpose.A study by Berkeley Communications highlights that 75% of employees view company purpose as crucial for their current or future employers.Misleading communication from companies is a concern, with 20% of employees critiquing vague job descriptions.Around 50% of employees are contemplating job changes, underscoring the urgency for businesses to address internal brand clarity.Generational shifts show differing loyalties, with younger workers feeling less aligned with employer values compared to older generations.Businesses are increasingly at risk of losing valuable talent if they fail…
A comprehensive report highlights the impact of various professions on exercise habits.Hair and beauty professionals report the highest barriers to exercising due to long hours.Sedentary roles in accounting and IT surprisingly show high exercise engagement.Retail employees often skip exercise due to physical job demands and fatigue.Regular exercise is crucial for overall mental and physical well-being, experts say.A new report sheds light on how different professions impact individuals’ ability to exercise, with over 50% of workers across all sectors acknowledging that work adversely affects their fitness routines. Particularly, hair and beauty professionals highlight extreme challenges, with 90% indicating their job significantly…
2024 is a pivotal year for professionals contemplating a transition into the tech industry, driven by significant technological advancements and market demands.Tech advancements like AI, blockchain, and IoT are not just emerging but are now integral to industries, creating vast opportunities.The demand for tech talent surpasses current supply, paving substantial opportunities for career entrants and those transitioning.Remote work has dismantled geographical constraints, broadening the horizon for job seekers across the globe.Coding has cemented itself as a requisite skill, with coding boot camps offering accessible pathways to acquire this expertise.The advancement in technologies, with artificial intelligence, blockchain, and the Internet of…
Coole Bevis LLP has taken significant steps to boost their national residential leasehold department.Adam Davis joins as a partner in December 2023, bringing extensive experience in leasehold enfranchisement.Anna Davis follows, becoming a solicitor in January 2024 after completing her training contract.Both appointments add to an established team led by Jonathan Everett, an expert with over 25 years of experience.The firm aims to offer enhanced services in leasehold enfranchisement and disputes.Coole Bevis LLP has made strategic appointments to enhance its national residential leasehold department. Adam Davis, having joined in December 2023 as a partner, is a noteworthy addition. Bringing a wealth…
Torque Law, a specialist firm in York, is accelerating its growth with strategic appointments.New associate solicitor, Laura Gillhespy, brings five years’ experience from Pinsent Masons.Emma Egerton-Jones steps into a client development lead role, reinforcing client-centred services.The firm emphasises maintaining high standards amidst expansion with proactive strategies.Recent appointments highlight Torque Law’s commitment to flexibility and work-life balance.Torque Law, an esteemed employment law firm located in York, is making significant strides in its development by welcoming new team members and expanding its operational space. This growth is marked by strategic moves to bolster the firm’s capabilities while ensuring continued high-quality client service.A…
Clarion continues its strategic expansion with key appointments in its finance team.Gresa Bakolli joins Clarion as an associate solicitor, bringing experience in various finance sectors.Andrew Curtis is promoted to legal director, enhancing the firm’s expertise.Clarion’s finance team completed transactions worth over £950m in 2023.The firm is committed to developing its team to match client growth.Clarion is strategically expanding its finance team with significant new appointments and promotions. Gresa Bakolli, trained at a renowned international law firm, joins as an associate solicitor. Her expertise spans UK clearing banks and corporate transactions involving debt, development, real estate, and acquisition finance.In addition to…
Family Mediation Week encourages peaceful resolutions for separating couples in the UK.The initiative highlights increased relationship breakdowns post-Christmas.Sarah Manning endorses mediation for collaborative decision-making.Awareness raised about children’s needs during family separations.Educational materials distributed to assist teachers and families.This year’s Family Mediation Week, running from 22nd to 26th January, seeks to transform how separating parents manage post-relationship arrangements. As the festive season concludes, many families face heightened tensions, often resulting in a surge of separations.Sarah Manning, chair of Family Mediation Week, emphasises the importance of mediation as a constructive alternative to courtroom disputes. She advocates for separating couples to engage in…