Close Brothers

Pile of pound coins on top of £5, £10 and £20 notes

News

Lex Autolease owner Lloyds sets aside £1.25bn for car loan payouts

Lloyds Banking Group has increased the amount of cash it had put aside for potential payouts on car loan commissions.

Funding 21 Feb

News

Chancellor’s bid to intervene in finance compensation case rejected

An attempt to intervene in a landmark case concerning hidden commissions in car finance by Rachel Reeves has been rejected by the Supreme Court.

Funding 19 Feb

News

Close Brothers writing new car finance again after court ruling

Close Brother Motor Finance has begun phased return to the writing of new UK motor finance business as other lenders turn to technology to disclose commissions.

Fleet funding 8 Nov

News

Industry jobs: Roles filled at Renault, Close Brothers, Yodel and Targa Telematics

Among the new hires are a new network operations director at Renault UK and director of product at Close Brothers Motor Finance.

appointments 4 May

News

Industry jobs: Roles filled at BNP Paribas, EVA England and Close Brothers

BNP Paribas appoints Martin Sleath as new head of credit for its equipment logistics solutions division and EVA England appoints a new chief executive.

appointments 29 Mar

Ross Vincent-Norgate, UK business development director at Europcar

News

Industry jobs: Roles filled at Europcar, Whistl, Close Brothers and AppyWay

Europcar has appointed Ross Vincent-Norgate to the role of UK business development director and Jon Stockton is appointed MD at Whistl fulfilment.

appointments 28 Sept

News

Fleet200: Fleets gear up as home delivery demand looks set to grow

Extra drivers and vehicles needed to cope with increased volumes

15 Oct

News

Coronavirus: Used car sales halve but outlook positive

The used car market halved in quarter two, but year-to-date decline and recent used car sales show the sector is recovering.

11 Aug

News

Eric Wright Group wins 2020 Fleet of the Year up to 1,000 vehicles Award

Steve Openshaw, group fleet and transport manager at Eric Wright Group, likes to lead by example.

11 Mar

News

Auto Windscreens wins 2020 Fleet News Most Improved Fleet of the Year Award

Auto Windscreens has made wholesale changes to its fleet operation which have resulted in improved compliance and safety standards.

11 Mar

News

Close Brothers Vehicle Hire launches new municipal rental offering

New business will offer contract hire, flexi-lease and daily rental options on a range of municipal vehicles.

27 Nov

Feature

EV growth stifled by battery shortage

Sales of electric vehicles are being constrained by battery supply. We look at why this is and what the future holds

Electric vehicles 28 Jun

News

Two in five drivers considering an electric vehicle, finds Close Brothers

Two in five drivers (39%) are considering an electric vehicle as their next car, according to research by Close Brothers Motor Finance.

13 May

News

Brexit viewed as ‘threat’ by 50% of car dealers, says Close Brothers

Car dealers are increasingly viewing Brexit as an “issue” as 50% of dealers rank it highly on a list of threats, according to Close Brothers Motor Finance’s Dealer Satisfaction Survey.

11 Mar

Close Brothers head of fleet Steve Cuddy (left) with the man who is being trained to succeed him fleet coordinator Morgan Migallos

Feature

How Close Brothers bank saved £2.5m

Close Brothers' decision to have a dedicated fleet team has cut costs and improved compliance

Business profiles - fleet 28 Jan

News

Car buyers concerned about affordability over environmental impact, study finds

Despite the political impact placed on EV uptake, most drivers care more about costs, according to Close Motor Brothers.

25 Oct

News

Safety is biggest autonomous vehicle concern, finds Close Brothers

More than half (55%) of UK motorists would not consider buying an automonous vehicle, with safety topping their list of concerns.

30 Aug

News

UK drivers considering EV doubles in last year, claims Close Brothers

According to Close Brothers’ Britain Under the Bonnet report, UK drivers considering EV ownership has doubled over the past year.

6 Jun

News

Close Brothers appoints Rebecca McNeil as new chief executive

Close Brothers Motor Finance as announced the appointment of a new chief executive Rebecca McNeil

18 Apr

News

Sceptic transport SMEs doubt 'threatening' driverless cars, Close Brothers research reveals

Small and medium-sized enterprises do not believe driverless cars will be a feature of our roads by 2021 and see them as a potential threat to business.

20 Mar

Close Brothers

Lex Autolease owner Lloyds sets aside £1.25bn for car loan payouts

Chancellor’s bid to intervene in finance compensation case rejected

Close Brothers writing new car finance again after court ruling

Industry jobs: Roles filled at Renault, Close Brothers, Yodel and Targa Telematics

Industry jobs: Roles filled at BNP Paribas, EVA England and Close Brothers

Industry jobs: Roles filled at Europcar, Whistl, Close Brothers and AppyWay

Fleet200: Fleets gear up as home delivery demand looks set to grow

Coronavirus: Used car sales halve but outlook positive

Eric Wright Group wins 2020 Fleet of the Year up to 1,000 vehicles Award

Auto Windscreens wins 2020 Fleet News Most Improved Fleet of the Year Award

Close Brothers Vehicle Hire launches new municipal rental offering

EV growth stifled by battery shortage

Two in five drivers considering an electric vehicle, finds Close Brothers

Brexit viewed as ‘threat’ by 50% of car dealers, says Close Brothers

How Close Brothers bank saved £2.5m

Car buyers concerned about affordability over environmental impact, study finds

Safety is biggest autonomous vehicle concern, finds Close Brothers

UK drivers considering EV doubles in last year, claims Close Brothers

Close Brothers appoints Rebecca McNeil as new chief executive

Sceptic transport SMEs doubt 'threatening' driverless cars, Close Brothers research reveals

Most read

Plug-in car grant to return with announcement expected this week

UPDATED: Electric car grant worth up to £3,750 | Warning of risk to used values

Leasing giant blames used EV values for multi-million pound loss

Close Brothers

Lex Autolease owner Lloyds sets aside £1.25bn for car loan payouts

Chancellor’s bid to intervene in finance compensation case rejected

Close Brothers writing new car finance again after court ruling

Industry jobs: Roles filled at Renault, Close Brothers, Yodel and Targa Telematics

Industry jobs: Roles filled at BNP Paribas, EVA England and Close Brothers

Industry jobs: Roles filled at Europcar, Whistl, Close Brothers and AppyWay

Fleet200: Fleets gear up as home delivery demand looks set to grow

Coronavirus: Used car sales halve but outlook positive

Eric Wright Group wins 2020 Fleet of the Year up to 1,000 vehicles Award

Auto Windscreens wins 2020 Fleet News Most Improved Fleet of the Year Award

Close Brothers Vehicle Hire launches new municipal rental offering

EV growth stifled by battery shortage

Two in five drivers considering an electric vehicle, finds Close Brothers

Brexit viewed as ‘threat’ by 50% of car dealers, says Close Brothers

How Close Brothers bank saved £2.5m

Car buyers concerned about affordability over environmental impact, study finds

Safety is biggest autonomous vehicle concern, finds Close Brothers

UK drivers considering EV doubles in last year, claims Close Brothers

Close Brothers appoints Rebecca McNeil as new chief executive

Sceptic transport SMEs doubt 'threatening' driverless cars, Close Brothers research reveals

Most read

Plug-in car grant to return with announcement expected this week

UPDATED: Electric car grant worth up to £3,750 | Warning of risk to used values

Leasing giant blames used EV values for multi-million pound loss

True fleet sales soar for new Chinese brands in H1

Industry reacts to launch of electric car grant

Seven important electric vehicles coming soon

Multi-million pound cash boost for depot and cross-pavement charging

MG reveals IM5 and IM6 models as part of new premium line-up

VW Tayron | Review