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Managing workplace risks and resolving allegation disputes
Business

Managing workplace risks and resolving allegation disputes

by September 15, 2025

Employers face significant challenges when handling sexual allegation disputes, impacting both reputation and legal standing.

Implementing clear policies and swift response mechanisms are essential steps in reducing liability and maintaining a safe workplace. Collaborating with legal experts ensures compliance and protects corporate interests.

Addressing sexual allegation disputes effectively is crucial for maintaining a safe and respectful work environment. Employers must navigate these sensitive situations with tact and efficiency to protect both their employees and the organisation. Engaging legal experts can offer guidance on complex legal matters, ensuring that all actions are compliant with current laws. By prioritising proactive measures, businesses can safeguard their reputation while fostering a positive workplace culture. In particular, consulting with indecent images solicitors can provide specialised advice in navigating these intricate issues.

Creating comprehensive workplace policies for safety

Developing clear workplace policies is fundamental in setting expectations for employee behavior and promoting a safe environment. Such policies should define acceptable conduct and outline the procedures for reporting incidents. This not only provides clarity for employees but also demonstrates the company’s commitment to addressing misconduct promptly. Effective policies are regularly reviewed and updated to reflect changes in legislation or company culture.

Training sessions are another crucial aspect of policy implementation. These sessions educate employees about the importance of following established guidelines and encourage them to report any inappropriate behavior without fear of retaliation. Regular training fosters an environment where everyone understands their role in maintaining workplace safety. Additionally, having a designated team or individual responsible for handling complaints ensures that issues are addressed consistently and fairly.

Transparency in communication is vital when implementing these policies. Providing employees with access to documentation and resources helps reinforce the importance of adherence to company standards. By maintaining open lines of communication, businesses can create an atmosphere where employees feel empowered to contribute positively to the workplace culture.

Effective response mechanisms for handling complaints

Quickly addressing employee complaints is essential for minimising potential damage to morale and reputation. A well-structured response mechanism ensures that complaints are taken seriously and investigated thoroughly. This involves having a clear process for lodging complaints, assigning responsibility for investigation, and documenting every step taken.

Immediate action upon receiving a complaint conveys that the company values its employees’ well-being. Acknowledging receipt of the complaint promptly reassures the complainant that their concerns will be treated with urgency and respect. Investigating allegations thoroughly but swiftly helps maintain trust in the process, demonstrating that due diligence is being exercised at every stage.

The outcome of investigations must be communicated transparently to all parties involved while respecting confidentiality where necessary. Providing regular updates during the process keeps complainants informed and engaged, reinforcing their trust in the system. Ensuring follow-through on corrective actions or disciplinary measures sends a strong message that inappropriate behavior will not be tolerated.

The importance of legal expertise in protecting corporate interests

Collaborating with legal experts specialising in sensitive legal matters can significantly benefit companies facing sexual allegation disputes. These professionals provide invaluable advice on navigating complex legal frameworks, ensuring that all actions comply with relevant laws and regulations. Engaging legal counsel early in the process can help mitigate risks associated with improper handling of such cases.

Legal experts offer guidance on conducting investigations, advising on best practices for evidence collection and documentation. Their involvement ensures that procedures are followed meticulously, reducing potential liabilities arising from procedural errors or oversights. Moreover, their expertise can assist in formulating defense strategies should disputes escalate into legal proceedings.

By working closely with legal advisors, companies can establish robust frameworks for addressing allegations while protecting their reputation and financial stability. Legal counsel’s insights enable businesses to navigate these challenges with confidence, focusing on maintaining an inclusive and respectful workplace culture.

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Managing workplace risks and resolving allegation disputes

September 15, 2025
Jamie Redknapp teams up with M&C Saatchi to launch new football talent agency
Business

Jamie Redknapp teams up with M&C Saatchi to launch new football talent agency

by September 15, 2025

A new player in football talent management has entered the game. M+C Saatchi Football, co-founded by former England and Liverpool midfielder Jamie Redknapp, officially launched today with a mission to redefine the future of player representation.

The agency, a joint venture between Redknapp, M&C Saatchi Talent Group, and sports lawyer Udo Onwere of leading London law firm Bray & Krais, promises a holistic approach that champions the person behind the player. Its long-term vision is to help young footballers build sustainable careers both on and off the pitch.

The new agency will provide end-to-end management services, combining strategic career planning, world-class representation, legal expertise, and personal mentorship.

Redknapp, who has worked with M&C Saatchi Talent for two decades as he transitioned into broadcasting and punditry, said the launch was an opportunity to give back to the sport.

“Football’s given me a lot, and now I’m looking forward to giving something back – helping young players find their way with the right support from the start,” Redknapp said. “With M+C Saatchi’s world-class reputation, experience and global reach, we’re building something really exciting.”

Onwere, a former professional player turned lawyer who has advised athletes for years, said teaming up with Redknapp and M&C Saatchi was a “natural progression”.

M&C Saatchi Talent Group has earned a reputation for building long-term, trust-based relationships with clients in broadcasting, entertainment, and sport. Katie Lydon, Managing Director of Broadcast and Football, said the new football division was a natural extension of that ethos.

“M+C Saatchi Talent has always been about representing excellence and shaping careers with purpose,” she said. “Partnering with Jamie to launch our football division is a testament to our shared vision and values. We’re committed to guiding the next wave of footballing talent with integrity, ambition, and a unique approach to career management.”

M+C Saatchi Football has already signed a promising group of young international-level talent from some of England’s biggest clubs. The roster includes Reggie Walsh and Dante Waite (Chelsea), Nazim Benchaita (Fulham), Maalik Hashi (Arsenal), and Donte Martin (Crystal Palace).

For Redknapp, the venture reflects lessons from his own playing career and what he believes representation should offer. He has often said that if he were still playing today, he would have wanted an agency like M+C Saatchi Football in his corner.

The new agency aims to set itself apart in a crowded industry by focusing not only on contracts and commercial deals but also on the broader well-being, development, and post-career futures of players.

As football faces increasing scrutiny over how young athletes are supported, M+C Saatchi Football is positioning itself as a talent management powerhouse that blends experience, trust, and mentorship with global industry reach.

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Jamie Redknapp teams up with M&C Saatchi to launch new football talent agency

September 15, 2025
Built By Her campaign raises £100k to back women entrepreneurs across the UK
Business

Built By Her campaign raises £100k to back women entrepreneurs across the UK

by September 15, 2025

From adaptable sustainable fashion to creative date-night planning, a new wave of women-led ventures has been given a major boost after the Built By Her, Backed By Us campaign raised £100,000 to support female founders across Britain.

The joint initiative by Crowdfunder and lifestyle platform Muddy Stilettos set out to champion women entrepreneurs with grassroots fundraising, mentoring, and promotional support. Alongside the community-driven funding effort, the campaign offered a £10,000 prize package for one standout business and cash awards for two runners-up.

After a fiercely competitive selection process, judged by a panel including Muddy Stilettos founder Hero Brown, Crowdfunder Co-CEO Dawn Bebe and Flock Here founder Danielle Wallington, three ventures took centre stage.

The winners

The Female Archetypes – £10,000 prize package

London-based clothing brand The Female Archetypes, founded by designer Alice (pictured), was crowned overall winner. The label creates adaptable, locally produced garments that flex from size 8–18, designed to support women through pregnancy, post-partum, perimenopause and beyond. Employing mothers and preserving traditional dressmaking skills, the brand was praised for its blend of innovation, sustainability and empowerment. Alice plans to invest the prize money into her next collection, as well as marketing and production.

Pary Moppins – £2,000 prize

Runner-up Pary Moppins, created by Sara and Fred, is a subscription service designed to make date nights stress-free for busy parents. Each month subscribers receive a bright yellow envelope with three curated ideas for gigs, restaurants or quirky experiences — with childcare logistics handled through a trusted network. With the prize funds, the founders plan to expand the service beyond London.

Her Land – £1,000 prize

The second runner-up was Her Land, a social enterprise near Thame led by Clare and Becky. The venture is transforming a heritage farm into a hub for climate-friendly growing, traditional building and muddy-boot confidence sessions for women and girls. Their Thrive in Nature workshops connect mothers and daughters to the land and to one another. The prize will help them scale their community-driven workshops.

In total, the Built By Her campaign has raised more than £100,000 for over 68 female-founded projects. For the organisers, the milestone is a powerful reminder of the potential unlocked when women are backed by their communities.

“At Crowdfunder, we see daily the resilience, creativity and ambition of female entrepreneurs,” said Dawn Bebe, Co-CEO of Crowdfunder. “This campaign proves that with collective support, women can turn bold ideas into thriving ventures. We are incredibly proud to stand behind these change makers.”

Hero Brown, founder of Muddy Stilettos, added: “When women rally together and are supported by their communities, extraordinary things happen. These winners embody resilience, innovation and the spirit of possibility. We couldn’t be prouder to help power their journeys.”

The campaign, now being hailed as a blueprint for how grassroots funding can drive meaningful change, has demonstrated that with mentorship, visibility, and collective support, women entrepreneurs across the UK can overcome barriers and turn ideas into businesses built to last.

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Built By Her campaign raises £100k to back women entrepreneurs across the UK

September 15, 2025
British Gas offers SMEs half-price electricity with PeakSave for Business
Business

British Gas offers SMEs half-price electricity with PeakSave for Business

by September 15, 2025

British Gas is relaunching its PeakSave for Business scheme, giving thousands of small and medium-sized enterprises (SMEs) the chance to slash their bills with six weeks of half-price electricity.

The energy provider confirmed the popular trial will return on Wednesday 17 September and run every Wednesday until 22 October. Participating businesses will receive 50 per cent off their electricity between 11am and 4pm each week.

The initiative is designed to encourage SMEs to shift more of their energy use to times when demand on the grid is lower or when renewable generation is higher. By moving consumption away from peak hours, businesses can cut costs while also supporting the UK’s efforts to decarbonise its energy supply.

The PeakSave scheme has already delivered significant savings. British Gas said SMEs had collectively saved £236,000 so far this year by taking part, up from £57,000 in 2024. Nearly 60,000 eligible businesses with smart meters have been invited to join the new six-week trial.

Matt Wood, Director of British Gas Business, said the response to previous events made the return of the scheme an easy decision.

“Our business customers are extremely important to us, which is why we’re proud to bring PeakSave for Business back this September following the huge success of our last event,” he said.

“The scheme helps businesses save money and make use of cleaner, greener energy, and is another step toward cutting energy costs across the UK.”

Previous participants welcomed the initiative for its simplicity and impact. One business described the scheme as “straightforward to register” and said they were “pleased to have made savings”, while another praised it as “easy to understand and equally easy to participate in. We would certainly enrol again.”

PeakSave for Business is part of British Gas’s broader effort to support the UK’s transition to net zero by rewarding flexibility in energy use. For SMEs grappling with rising costs, the initiative offers an immediate way to cut bills while also contributing to a greener grid.

British Gas said it hopes more businesses will see the trial as a chance to unlock savings and demonstrate how commercial energy users can help balance supply and demand.

More information on PeakSave for Business, including details on eligibility and how to apply for a smart meter installation, is available on the British Gas business blog.

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British Gas offers SMEs half-price electricity with PeakSave for Business

September 15, 2025
Survey reveals surge in UK employers using ‘bossware’ to monitor staff emails, browsing and screen time
Business

Survey reveals surge in UK employers using ‘bossware’ to monitor staff emails, browsing and screen time

by September 15, 2025

A growing number of British companies are turning to so-called “bossware” to keep tabs on their employees, with a third of organisations now using technology to monitor staff emails, browsing and even screen activity, according to new research.

The Chartered Management Institute (CMI) surveyed hundreds of managers across the country and found that private sector employers are the most likely to use surveillance software, with one in seven companies now reviewing or recording what appears on workers’ screens.

The findings point to a sharp rise in computerised surveillance. Just two years ago, a study by the Information Commissioner’s Office (ICO) suggested fewer than one in five workers believed their activity was being monitored. The CMI notes that the latest figure may still underestimate the true extent, as almost a third of managers admitted they were unsure of what monitoring their organisation actually carried out.

Bossware systems typically allow employers to track everything from idle time and log-in activity to the use of social media or AI tools. Some go further, offering real-time screenshots, keystroke tracking and app usage analysis. Proponents argue such systems can help prevent insider threats, protect sensitive information and identify productivity issues.

But the practice is proving divisive. The CMI found a large minority of managers believe digital snooping undermines trust with staff and risks intruding on personal privacy. One insurance manager whose firm is testing AI to analyse employee screen activity described the move as “unsettling”, adding: “Do they not trust their employees to do their jobs and are they looking to replace them with AI?”

The ICO has warned employers that any surveillance must be transparent and proportionate. “Bosses must make their employees aware of the nature, extent and reasons for monitoring,” it said. “Excessive monitoring can undermine people’s privacy, especially if they are working from home. We will take action if necessary.”

Last year, the watchdog stepped in to stop outsourcing giant Serco from using fingerprint scanning and facial recognition to track attendance at leisure centres.

Petra Wilton, director of policy and external affairs at the CMI, said organisations risk serious consequences if they fail to handle monitoring properly. “If it is being used, it is incredibly important employers are open. Otherwise that’s going to cause significant problems in terms of data privacy and protection.”

Among managers aware of surveillance in their organisations, 35% said emails were being monitored, while tracking log-on and log-off times remained the most common form. Overall, just over half of managers supported the practice, but 42% opposed it — most citing the damage it causes to trust, fears over misuse, or doubts that it improves performance.

One former transport authority employee who experienced diary and email monitoring branded it “intrusive and downright harassment”. They added: “It started with surveillance and it ended with me leaving because I was so infuriated.”

The study also found that one in six managers would consider leaving their job if their organisation introduced new monitoring measures.

Examples of workplace monitoring continue to surface. HSBC is reported to be fitting its new London headquarters with more than 1,700 cameras and biometric access controls, while PwC has introduced a “traffic light” system to check staff comply with its three-day office attendance rule, using data from pass swipes and Wi-Fi logins.

PwC said the system was “accepted by the vast majority” of staff. But critics argue such measures risk pushing employees away.

The CMI’s Wilton warned: “Monitoring often amounts to checks that inappropriate content isn’t being accessed. But there’s a longer-term impact if people feel this is Big Brother-like and they are being watched.”

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Survey reveals surge in UK employers using ‘bossware’ to monitor staff emails, browsing and screen time

September 15, 2025
NED Awards 2026 launch nominations to honour UK’s leading non-executive directors
Business

NED Awards 2026 launch nominations to honour UK’s leading non-executive directors

by September 15, 2025

Nominations have opened for the 2026 Non-Executive Director (NED) Awards, organised by investment bank Peel Hunt, with next year’s ceremony marking the 20th anniversary of the prestigious event.

Founded in 2006, the NED Awards were established to celebrate the achievements of non-executive directors who play a critical role in guiding businesses through periods of growth, uncertainty and transformation.

With global conflicts, shifting trade policies, Trump-era tariffs and a Labour government facing economic challenges, boards have had to navigate one of the most complex corporate landscapes in decades — making the contribution of NEDs more valuable than ever.

The 2026 awards will recognise excellence across eight categories: FTSE 100 Chair; FTSE 100 NED; FTSE All-Share; FTSE AIM; private/private equity-backed; not-for-profit/public service organisation; and the Dame Helen Alexander NED to Watch. In addition, a Lifetime Achievement Award will honour an individual whose career has had a lasting impact on UK boardrooms.

Nominations close on 9 November 2025, with the shortlist announced in February. Winners will be revealed at a ceremony on 19 March 2026, expected to bring together some of the most influential names in British business.

The judging panel is chaired by Dame Ruth Carnie, chair of defence giant Babcock, and includes Steven Fine, chief executive of Peel Hunt; Rupert Soames, chair of the Confederation of British Industry; and Paul Reynolds, chair of National Grid.

“The NED Awards were founded to shine a spotlight on the often-unsung contributions of non-executive directors who shape business success from the boardroom,” said Fine. “As we celebrate 20 years, their role has never been more important in maintaining resilience, integrity and growth across the corporate landscape.”

The 2025 winners reflected the breadth of the UK business ecosystem. Peter Ventress, chair of Howden Joinery Group, won FTSE 100 Chair of the Year, while Jock Lennox, senior independent director at housebuilder Barratt Redrow, was recognised as FTSE 100 NED of the Year. Debbie Hewitt, chair of Compare the Market, and Hounaida Lasry, a director at Britvic, were also among those honoured.

The Lifetime Achievement Award was presented to Richard Meddings CBE, the former Standard Chartered banker who served as chair of NHS England.

Nominations for the 2026 NED Awards can be submitted via nedawards.co.uk.

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NED Awards 2026 launch nominations to honour UK’s leading non-executive directors

September 15, 2025
Fintech startup Chest launches app turning everyday spending into pension savings for Gen Z and millennials
Business

Fintech startup Chest launches app turning everyday spending into pension savings for Gen Z and millennials

by September 15, 2025

A new British fintech startup is aiming to shake up the pensions industry with an app that turns cashback from everyday spending into long-term retirement savings.

Chest, set to launch this autumn, has already built a community of more than 1,200 early adopters who want to be among the first to open a Chest pension. The company hopes its model will resonate with younger consumers who are often disengaged from traditional pension products but are regular users of loyalty and cashback schemes.

Tackling ‘pension panic’ among under-45s

Chest’s proposition comes against the backdrop of mounting anxiety about retirement savings among younger workers. New consumer research commissioned by the company found that two in five Gen Z and millennials (39%) who are not retired say they cannot afford to contribute to a pension at all, or that short-term priorities such as saving for a house deposit or starting a family take precedence.

By comparison, 34% of Generation X — those aged between 44 and 60 — admit they too cannot afford to put money aside for retirement. More than one in three people under 45 (35%) also describe themselves as uncertain, anxious or worried about their retirement prospects, while fewer than one in three (29%) feel confident.

Chest’s co-founder Ali Adam, 34, said these findings underline why a fresh approach is needed. “Despite being anxious about our financial future, battling the high cost of living means that we have nothing spare to put into a pension even when we earn above average salaries. There is a recession of trust towards pension companies, particularly for younger consumers. It’s not surprising that we are disengaged from saving for retirement. We built Chest to make saving easier by using money that we’re already earning from daily spending such as the weekly shop or buying a coffee.”

Turning coffee into capital

At the heart of Chest’s model is the idea that small, everyday rewards can become significant over time. The app will allow users to channel cashback from major retailers such as Amazon, Sainsbury’s, Starbucks and Tesco into their pension. Additional automated savings can also be directed into the account.

According to Chest’s modelling, a 27-year-old who saves just £30 per month — equivalent to £1 a day — through cashback and loyalty rewards could accumulate an extra £100,000 by the time they retire.

Jason Murphy, Chest’s co-founder, also aged 34, believes this innovation is urgently needed. “Young people, like many others struggling to keep pace with the high cost of living, are prioritising more immediate life costs and short-term savings. The long-term consequences will be hugely detrimental, impacting the retirement plans of millions of people and putting yet more burden on future governments. We’re excited to be the first British startup to shake up the pension industry with an innovative new way for young people to save for retirement.”

Loyalty habits drive behaviour

Chest’s research suggests the app could find fertile ground among younger demographics. Nearly three-quarters (72%) of Gen Z and millennials already use cashback or loyalty schemes each month, and many say they switch to brands that offer attractive incentives. On average, 67% of respondents in this age group are saving between £6 and £40 every month through cashback, discounts and loyalty points.

This behaviour is markedly different from older generations. While only 18% of Baby Boomers have ever bought a refurbished smartphone, for example, more than a third of Gen Z have. A similar generational shift appears to be under way in attitudes to saving, with younger people open to innovative financial products that tie into their digital lifestyles.

A new type of pension challenger

Chest is positioning itself as one of the first fintech challengers to design pensions around the way digital-first generations live and spend. The company hopes to grow into one of the UK’s largest personal pension providers and expand internationally.

Backed by angel investors and supported by accelerator programmes Baltic Ventures and FinTech Wales, Chest plans to raise further funding to accelerate growth. Its model is designed to be simple, accessible and entertaining. Users will be able to track progress in a way more familiar to social media platforms — comparing themselves with peers and receiving updates as easily as they might check a credit score.

The co-founders say this entertainment element is critical to engagement. Research shows that more than two-thirds (70%) of Gen Z and millennials are more likely to use brands and products that entertain them, compared with just over half of all adults.

Building trust in pensions

Chest also aims to address the trust deficit that has long dogged the pensions sector. When asked what would make them feel more confident about retirement savings, 43% of younger respondents said they wanted clearer guidance on how much money they will need, while nearly a third (28%) wanted more frequent updates on whether they are on track.

Transparency and communication will therefore be central to Chest’s app. The founders are betting that by providing real-time, personalised insights alongside the cashback-to-pension pipeline, they can rebuild confidence and make pensions feel relevant to younger savers.

Chest is launching into a market where the stakes are high. Government figures suggest that nearly three-quarters of the population will not be able to maintain their current lifestyle in retirement. The UK Pensions Commission, revived this year, has been examining why today’s younger workers are on track to be poorer in old age than today’s pensioners.

Against this backdrop, the ability to harness existing consumer behaviour around rewards and loyalty programmes could prove transformative. If successful, Chest’s model could change the way an entire generation saves — and potentially ease the looming pensions crisis.

As Adam put it: “Our amazing customers have already shown us there’s a huge appetite for something different. Chest isn’t about asking young people to find spare cash they don’t have — it’s about helping them turn the rewards they’re already earning into a better financial future.”

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Fintech startup Chest launches app turning everyday spending into pension savings for Gen Z and millennials

September 15, 2025
Stellantis sets aside £37m as UK car finance scandal deepens
Business

Stellantis sets aside £37m as UK car finance scandal deepens

by September 15, 2025

Vauxhall and Peugeot’s parent company Stellantis has earmarked £37 million to cover potential claims linked to the mis-selling scandal sweeping the car finance industry — a crisis regulators warn could cost lenders as much as £18 billion.

The provision, revealed in accounts filed by Stellantis Financial Services UK, highlights the growing financial fallout from the motor finance review launched by the Financial Conduct Authority (FCA). The watchdog is preparing an industry-wide compensation scheme that analysts say could rival the scale of the £50 billion payment protection insurance (PPI) redress programme.

At the centre of the scandal are “discretionary commission arrangements” (DCAs) — hidden incentives paid by lenders to car dealers for arranging vehicle loans. Under the model, which was in place for more than a decade, dealers could set the interest rate charged to buyers, often inflating borrowing costs to earn larger commissions. The FCA banned the practice in 2021 but is investigating deals dating back as far as 2007.

The regulator estimates that 14.6 million car finance contracts involved discretionary commissions. FCA chief executive Nikhil Rathi told MPs last week that “a very significant portion” were probably unlawful because lenders and dealers failed to properly disclose the payments to customers.

Provisions across the sector

Stellantis, whose brands also include Citroën, Fiat and Jeep, operates its UK finance arm as a joint venture with French bank BNP Paribas. Its £37 million provision was signed off in April 2024 — before the FCA confirmed last month that it will impose a mandatory compensation scheme. The regulator is expected to launch a consultation in the coming weeks, with customer payouts likely to begin next year.

Other big lenders have already set aside hefty sums. Lloyds Banking Group, which analysts believe is most exposed, has earmarked £1.15 billion. Santander UK has provided £295 million, while BMW’s UK financial services division has disclosed £70 million.

The FCA has warned the redress programme could ultimately cost the industry between £9 billion and £18 billion, making it the largest consumer compensation exercise since the PPI scandal.

The FCA’s scheme will not be limited to discretionary commissions. A landmark Supreme Court ruling in August clarified that some non-discretionary commissions — where the interest rate was fixed but payments to dealers were not clearly disclosed — could also be deemed unfair.

The court largely sided with lenders, reducing the prospect of a worst-case scenario for the sector, but upheld a consumer claim over an arrangement involving a non-discretionary commission. This means compensation will likely extend beyond discretionary arrangements.

Stellantis did not make a provision for non-discretionary commissions because its accounts were finalised before the judgment, but analysts expect further disclosures as companies reassess their liabilities.

Feeding frenzy for claims firms

The scandal has sparked a wave of activity from claims management companies and law firms, which are already advertising for affected motorists to pursue claims. However, the FCA has warned consumers that it is unnecessary to use third parties, since its redress scheme will be free and automatic once it is in place.

The authority has also pledged to guard against a repeat of the PPI saga, when aggressive marketing by claims firms fuelled billions in fees.

For carmakers and lenders, the financial hit comes at a difficult time. The automotive sector is already grappling with the shift to electrification, rising costs and post-Brexit trade barriers. For Stellantis, which has pledged major investment in UK battery production through its Ellesmere Port and Luton plants, the looming redress bill is another potential drain on resources.

Consumer groups, meanwhile, say the payouts are overdue. They argue that millions of buyers paid inflated interest charges on car loans without ever being told about the commissions. With average compensation expected to run into hundreds of pounds per deal, the scheme could benefit millions of households at a time when living costs remain high.

The FCA is expected to publish details of its proposed redress framework before the end of the year, setting the stage for the largest wave of consumer payouts in more than a decade.

Stellantis declined to comment.

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Stellantis sets aside £37m as UK car finance scandal deepens

September 15, 2025
House prices record first annual fall in 18 months as sellers face more competition
Business

House prices record first annual fall in 18 months as sellers face more competition

by September 15, 2025

UK house prices have fallen year-on-year for the first time since January 2024, as rising stock levels force sellers to compete harder for buyers.

The average asking price for a home coming to market this month is £370,257, according to the property portal Rightmove — 0.1 per cent lower than the same point last year. It marks the first annual fall in 18 months and follows months of subdued activity across the market.

Rightmove said the shift was being driven by a glut of new stock. The number of homes listed on its site has climbed to the highest level in a decade, with the number of transactions being agreed now running 4 per cent higher than last summer.

However, the extra supply is beginning to weigh on prices, particularly in the South, where values are highest. There are 9 per cent more homes up for sale in the region compared with a year ago, while stock levels elsewhere are up just 2 per cent.

The South West has recorded a 1.3 per cent annual fall in prices, while the West Midlands slipped into negative territory with a 0.1 per cent decline. By contrast, the North West remains buoyant, with prices up 3.2 per cent on the year.

The North East, East Midlands and Yorkshire also reported annual growth, reinforcing a long-standing divide between higher-value southern markets and more affordable northern regions.

The data comes amid renewed speculation over the government’s property tax plans. Reports last month suggested Chancellor Rachel Reeves is considering introducing a new national levy for owner-occupiers selling homes worth more than £500,000.

Rightmove said it had seen “no immediate reaction” from buyers and sellers to the reports. But Colleen Babcock, its head of trade marketing, warned that the uncertainty risked slowing the market in London and the South East — regions with the highest proportion of £500,000-plus homes.

If the tax were introduced, close to 60 per cent of London homes would be affected, compared with just 8 per cent in the North East.

The Royal Institution of Chartered Surveyors (RICS) reported last week that budget uncertainty was already filtering through into the market. Inquiries, sales and prices all slipped in August, according to its latest industry survey.

Rightmove suggested that the government’s decisions in November’s autumn budget could shape the direction of the market in the months ahead.

“With more stock available than at any time in the past 10 years, sellers are under pressure to set realistic prices and compete for buyers,” Babcock said. “The risk now is that uncertainty around tax reform slows the market just as transactions begin to pick up.”

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House prices record first annual fall in 18 months as sellers face more competition

September 15, 2025
Treasury wavers over landfill tax reforms as industry warns of £100m bills
Business

Treasury wavers over landfill tax reforms as industry warns of £100m bills

by September 15, 2025

The Treasury is reviewing plans to overhaul landfill tax after furious warnings from housebuilders, manufacturers and construction firms that the reforms would drive their annual bills up by tens of millions of pounds.

Officials blindsided industry leaders in April when they quietly announced proposals to abolish the lower landfill levy and strip back exemptions. While the measures were billed as a clampdown on tax avoidance, bosses only grasped the true financial impact in July — branding it a stealth corporate tax raid.

Under the current regime, landfill tax is charged at £126.15 per tonne, with a reduced rate of £4.05 per tonne for inert or less polluting materials such as soil, rocks and clay. Certain industries are eligible for exemptions and reliefs. The Treasury’s reforms envisage scrapping the reduced rate altogether, while significantly narrowing exemptions.

Bosses warn of soaring costs

Housebuilders and construction firms have sounded the alarm, warning that landfill tax bills of around £4 million could balloon to more than £100 million under the new rules. One of the most contentious proposals is the removal of relief for topsoil, a material routinely generated during large housing developments.

“This came as a huge shock,” one executive said. “If the reforms are implemented as drafted, it will push costs beyond what is viable for many projects.”

The changes have been justified by officials on the basis that landfill tax is subject to one of the highest levels of non-compliance across the tax system, with widespread avoidance schemes exploiting the reduced rate.

Last week more than 60 industry leaders joined a call with Treasury officials to press their case. Participants said civil servants appeared taken aback by the scale of the potential impact.

“They are still trying to get a grip on the implications,” said one source close to the talks. “They recognise the strength of feeling — it feels like they’ve uncorked something bigger than they expected.”

Executives now believe that ministers may delay the reforms by at least six months and possibly up to a year, to allow for fresh consultation. Officials have invited businesses to submit evidence of the economic impact of the proposals by September 19.

Policy clash with housing goals

The landfill tax controversy has also collided with the government’s ambition to accelerate housebuilding. Steve Reed, the new housing secretary, met with property executives last week in a separate session and reassured them that the sector’s concerns were being heard.

“Rayner [Angela Rayner, Reed’s predecessor] was not interested in housing policy,” said one developer. “Reed seems far more engaged, which gives us some hope these changes won’t derail the government’s ‘build, baby, build’ agenda.”

For now, senior Treasury figures are refusing to confirm a U-turn. A spokesman said: “The proposed landfill tax changes aim to strengthen sustainable alternatives to landfill, and the recent consultation sought views on the impact of the proposed changes on businesses and on reasonable implementation timelines.

No decisions have been made on changes to landfill tax and we remain committed to working with businesses to understand the impact of the proposals.”

But with warnings of housing projects being shelved and major manufacturers reassessing investment plans, pressure is mounting on Chancellor Rachel Reeves to soften or delay the reforms.

Read more:
Treasury wavers over landfill tax reforms as industry warns of £100m bills

September 15, 2025
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