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Car finance payouts could be delayed by years over legal challenges, says FCA
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The Guardian · World

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payo...

Kalyeena Makortoff Banking correspondent
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Man attacked by alligator in swamp while fleeing police in Louisiana
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The Guardian · World

Man attacked by alligator in swamp while fleeing police in Louisiana

Suspect, charged with driving while impaired, was eventually captured and arrested with injuries to his armsAn alligator inserted itself into a police pursuit in south-eastern Louisiana, chasing and attacking an allegedly impaired driver who tried to evade law enforcement by leaping into a swamp.The...

Richard Luscombe
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Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m
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The Guardian · World

Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m

Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenuesAmazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m.Amazon...

Mark Sweney
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Ken Paxton’s ex-lawyer endorses rival James Talarico in Texas Senate race
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The Guardian · World

Ken Paxton’s ex-lawyer endorses rival James Talarico in Texas Senate race

Attorney Dan Cogdell backs Paxton’s Democratic opponent and says the Republican is too focused on appeasing TrumpA lawyer who represented Ken Paxton, Texas’s attorney general, for nearly a decade over accusations of corruption and securities fraud is supporting Democrat James Talarico – and not his...

Associated Press in Austin
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Summer holiday bookings down amid ‘apprehension’, says UK travel industry
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The Guardian · World

Summer holiday bookings down amid ‘apprehension’, says UK travel industry

Fears about the Middle East conflict, cost of living and EU border checks are leading people to delay their decisionsBusiness live – latest updatesHoliday bookings for early summer have been hit by uncertainty around the conflict in the Middle East and the rising cost of living, the travel industry...

Lauren Almeida
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