FCA tells motor finance firms to maintain their funding levels
The Financial Conduct Authority (FCA) wrote to motor finance firms on Friday, stressing that they must maintain adequate financial resources at all times.
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The Financial Conduct Authority (FCA) wrote to motor finance firms on Friday, stressing that they must maintain adequate financial resources at all times.
London’s FTSE 250 was down 0.2% at 19,739.17 in afternoon trade on Friday.
London stocks were set to rise on Thursday ahead of the latest policy announcement from the European Central Bank and PPI reading in the US, as investors continued to mull the impact of a hotter-than-expected US inflation print a day earlier.
Cybersecurity specialist Darktrace reported solid growth in both operating and financial metrics in the March quarter on Thursday, as it raised its full-year guidance.
Great Portland Estates struck an upbeat note on Thursday, on the back of strong demand and a likely cut in interest rates.