UK Car Lending

Provident to shut down UK’s oldest home loan business

Provident Financial will close its home loan business in a move that highlights the pressures facing the subprime credit market, particularly the high levels of complaints from professional claims companies. Provident, Britain’s largest subprime lender, has been providing home credit through an agent network for 141 years and has more than 380,000 customers, but the […]

UK Car Lending

Volkswagen expects chip supply to remain tight in coming months

FRANKFURT (Reuters) – Volkswagen expects semiconductor supplies to the auto sector to remain tight in the coming months, the head of the automaker’s namesake brand said on Saturday. “I think the situation will remain tense,” Ralf Brandstaetter, CEO of the Volkswagen brand and member of the automaker’s board of directors, told German news agency dpa. […]

UK Car Lending

Michael Portillo dismantled the EU as the bloc “knew Greece had rigged” the figures to enter the euro | World | New

Michael Portillo on Greece’s ‘rigged’ finances when it joined the euro Greece submitted its national stimulus plan to the European Commission this week, containing its proposals to use the bloc’s crisis funds to combat the effects of the coronavirus pandemic. It will focus on four areas: the digital transition; employment, training and social cohesion; the […]

UK Car Lending

UK COVID aid arrives in India

The Guardian ‘I can’t stop crying’: families of Australians surprised in India by wave of Covid plead for repatriation Coalition urged to set up additional quarantine facilities as loved ones recount desperation over escalating crisis With stronger quarantine system, Australia could offer more help to those trapped in India | Relatives of Hassan Vally wearing […]

UK Car Lending

Greensill tried to use NHS Pay’s ‘giveaway’ as leverage to sell supply chain finance

Greensill Capital planned to use an advance payment scheme for health workers as leverage to secure other more lucrative work with the NHS, according to people familiar with the matter and a presentation from the financial group which has since collapsed . Greensill, who fell under administration last month and has since sparked a lobbying […]

UK Car Lending

Silverstone’s first hotel receives financial support | Item

A £ 29million credit facility has been finalized which will enable the completion of the first-ever hotel at Silverstone, the world-famous Northamptonshire racecourse that hosts the British Formula 1 Grand Prix. The gradual opening is expected to be one of the “most prestigious achievements” this year by Hilton Hotels and Resorts. Bricks Group, a private […]

UK Car Lending

Ford to start COVID-19 vaccination on site for U.S. employees

Bloomberg Trudeau to increase debt with first pandemic budget (Bloomberg) – Justin Trudeau is set to unveil a vision for Canada’s post-pandemic recovery on Monday that will serve as an election platform, heavy new spending, and reassurance that growing debt is affordable. ahead of the arrival of Covid-19, is an opportunity to expose the longer-term […]

UK Car Lending

What to Know About Bitcoin’s Terrible Weekend and Dogecoin’s Wicked Rally

Dan Kitwood / Getty Images Text size Just as Bitcoin goes mainstream, it is plunging. And that makes perfect sense. Bitcoin and many other cryptocurrencies jumped last week as a crypto exchange Coinbase became a publicly traded company. Bitcoin rose about 6%, Ethereum 17%, and Dogecoin jumped 600%. Coinbase closed the week worth nearly $ […]

UK Car Lending

HGC Broadband extends its fiber network to Lung Kwu Tan

Meet the connectivity needs of the villagers with other smart and Wi-Fi services planned for the future HONG KONG, April 19, 2021 / PRNewswire / – HGC Global Communications Limited (HGC), a fully-fledged fixed line operator and ICT service provider with extensive local and international network coverage, services and infrastructure, today announced that HGC Broadband, […]

UK Car Lending

This is what the Tesla campus in Croatia would look like: What’s in it for the UK?

The auto industry is on the verge of significant change as the transformation to electric is in full swing. Today, the electrification of the automobile is made possible by increasing support for charging infrastructure and improving battery technology. Many VCs and companies are investing in EVs and their R&D facilities, given the market potential in […]

UK Car Lending

Baidu plans to deliver autonomous driving system to 1 million cars within 3 to 5 years

Bloomberg Barclays drop prison bond contract at last minute after Furor (Bloomberg) – Barclays Plc has stepped down from its role as lead underwriter in a municipal bond sale that was to build prisons for CoreCivic Inc. after criticizing the bank for reneging on its promise to stop providing financing to KeyBanc Capital Markets, another […]