Latest in Finance Minister Warns
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Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - October 25 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Santander delays full UK results as it weighs impact of car finance ruling
Profits drop in British business as one of Spanish bank’s biggest markets emerges as a trouble spotBusiness - Financial Times - October 29 -
Here are all the ways sports gambling is hurting some bettors’ finances
A new report shows that bettors are losing more than just parlay betsBusiness - MarketWatch - November 5 -
What England’s tuition fee rise means for student and university finances
Experts say measures will not be enough to fix higher education funding or attract students from poorer backgroundsBusiness - Financial Times - November 5 -
UK motor finance in disarray after court rules against hidden commissions
Major providers have stopped lending or paused commissions as they race to assess implicationsWorld - Financial Times - November 6 -
Developing world needs private finance for green transition, says Cop president
UN’s top climate official warns ‘no country is immune’ from climate disaster as conference begins in Azerbaijan. Businesses in the private sector must stump up cash for the developing world to ...World - The Guardian - November 11 -
Cop29: which climate finance ideas are most likely to work?
With $1tn a year needed, we analyse how best to fill the gap, from wealth taxes to levies on flying and oil extraction. Countries meeting in Baku, Azerbaijan, for the Cop29 climate summit are under ...World - The Guardian - November 11 -
Financing the Fight Against Global Warming Falls to Multilateral Banks
These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.Business - Inc. - November 11 -
COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.Tech - Wired - November 11 -
Trump and Germany loom over uncertain COP29 finance talks
Also in this newsletter: Much ado about party politics at European commissioner hearingsWorld - Financial Times - November 12 -
Starmer touts UK climate leadership but resists call for more public finance
UK’s prime minister is one of only two G7 leaders at UN COP29Business - Financial Times - November 12 -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - November 12 -
FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - November 13 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - November 14 -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - November 14 -
Expert on tips to boost your finances before the new year
With just six weeks left in 2024, Jill Schlesinger shares practical tips to help you save or even earn extra cash by the new year.Top stories - CBS News - November 14 -
Cop29 live: ministers told to ‘cut theatrics’, ‘move faster’ and ‘get down to business’ amid growing frustration at slow progress
Cop29 president calls for faster action as progress to agree a climate finance deal slows. Climate crisis to blame for dozens of ‘impossible’ heatwaves How usual is it to have G20 happening at ...World - The Guardian - 5 days ago -
‘It is feasible’: climate finance won’t burden rich countries, say economists
Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030. Raising money needed to tackle the climate crisis need not be a burden on overstretched ...World - The Guardian - 4 days ago -
The Happiest Way to Finally Get Your Finances in Order: Try a Joy Audit
Most financial advice relies on willpower and sacrifice. This expert argues you’re more likely to get your finances in order if you chase joy instead.Business - Inc. - 4 days ago -
Santander sets aside £295mn to cover costs over car finance ruling
Provision made after court decision last month on mis-selling of car loansWorld - Financial Times - 3 days ago -
Cop29 climate finance deal hits fresh setback as deadline looms
Outcry after draft text contains only an ‘X’ instead of setting $1tn funding goal to support developing countries. Cop29 climate summit – live updates Hopes of a breakthrough at the ...World - The Guardian - 2 days ago -
Oil-producing nations under fire at COP29 over fossil fuels omission
EU says draft agreements released at climate summit are ‘clearly unacceptable’World - Financial Times - 2 days ago -
They're here to finance climate action. But COP29 is more about bickering.
Nearly 50,000 people from 200 countries were in Azerbaijan for the United Nations Climate Change Conference, with the goal of reaching a climate finance deal.Top stories - NBC News - 20 hours ago