Dec 05, 2017: Provident Financial has been informed that its car finance division is being investigated by the UK Financial Conduct Authority. A review has commenced into Moneybarn in relation to the processes applied to customer affordability assessments for v...

 

Nov 24, 2017: Automotive industry experts in the UK have raised concerns about the impact of Budget initiatives announced this week that increase costs for users of diesel cars. While new incentives for electric vehicles revealed by Chancellor of the Exchequer ...

 

Nov 23, 2017: UK Chancellor of the Exchequer Philip Hammond unveiled his Budget statement on November 22, under the new arrangement for the main annual tax changes to be announced in the autumn for the following year. Some predicted tax increases did not materia...

 

Nov 13, 2017: Leaseurope, the trade body representing the leasing and automotive rental industries in Europe, has welcomed an EU report which calls for greater levels of access to connected car data. The GEAR 2030 report was released following two years of stak...

 

Oct 30, 2017: A vehicle supplied under a hire purchase-style contract containing an option to purchase should be treated as a supply of services rather than goods, according to the EU's highest court, which could mean VAT benefits for auto finance suppliers. Th...

 

Oct 20, 2017: The UK’s Institute of Directors has raised concerns that a worrying number of companies are not aware of the impact of the new General Data Protection Regulation (GDPR). With only months to go until the new rules come into force next May, the inst...