Supreme Court blocks automatic car finance payouts, FCA sets £9B compensation scheme
The UK Supreme Court blocked automatic car finance payouts, overturning a 2024 ruling. The FCA now plans a £9B–£18B compensation scheme, with most drivers receiving under £950 for deals between 2007–2024.
Spotify's Daniel Ek Becomes Executive Chairman, Co‑CEOs Take Helm
Spotify announced Daniel Ek will become Executive Chairman on Jan 1 2026, while Gustav Söderström and Alex Norström become co‑CEOs, sparking a sharp share drop.