📚 Extracted Documents

The document is a news article from the Finance & Leasing Association (FLA) announcing their response to the FCA's proposed Motor Finance Consumer Redress Scheme. The FLA critiques the current proposals for being overly broad and suggests practical alternatives to ensure the scheme is effective and fair, targeting only those who have genuinely suffered loss. The article includes opinions from the FLA's CEO and emphasizes the need for collaboration between the regulator and the industry to develop a workable solution.

This news article, released by the Finance & Leasing Association (FLA), reports on a 7% growth in new asset finance business in October 2025 compared to October 2024. The article includes detailed statistics on various sectors such as new car finance and plant and machinery finance, and highlights comments from the FLA's Director of Research regarding the industry's economic support. The publication underscores the pivotal role of asset finance in bolstering UK investments in machinery and equipment.

The Finance & Leasing Association (FLA) has reported that consumer finance new business increased by 6% in October 2025 compared to the same month in 2024. The data shows that credit card and personal loans sectors saw a 3% growth, whereas retail store and online credit reported a 5% decline. These statistics were highlighted by Geraldine Kilkelly, Director of Research and Chief Economist at the FLA, indicating continued growth in the consumer finance market.

This news article from the Finance & Leasing Association (FLA) discusses the growth in the second charge mortgage market, noting a 22% increase in new business volumes in October 2025 compared to the previous year. Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the FLA, highlights the popularity of this product for loan consolidation and home improvements. The article provides detailed statistical data on the growth and discusses the composition of new loan purposes.

The document is a news article released by the Finance & Leasing Association (FLA) detailing the growth in consumer car finance new business volumes, which increased by 3% in October 2025 compared to October 2024. It highlights significant growth in the consumer new car finance market, which saw a 12% increase by value and a 14% increase by volume. Additionally, the article provides a statement from Geraldine Kilkelly, Director of Research and Chief Economist at the FLA, on the market's performance and future outlook.

The Finance & Leasing Association (FLA) comments on the Financial Conduct Authority's (FCA) decision to end the pause on handling motor finance complaints by May 2026, earlier than planned for July. CEO Shanika Amarasekara highlights the challenges this accelerated change poses for firms readying their operations based on the original timeline and seeks clarity from the FCA. The FLA emphasizes the need for a practical redress program that compensates affected consumers effectively.

This is a news article from the Finance & Leasing Association (FLA) discussing their response to the UK's Autumn Budget. CEO Shanika Amarasekara welcomes the introduction of an interim 40% first-year allowance for leased assets, viewing it as a pragmatic step that acknowledges leasing's role in business investment. The document highlights FLA's ongoing collaboration with governmental bodies to develop a full expensing framework to support company growth.

This news article from the Finance & Leasing Association (FLA) reports that the second charge mortgage market in the UK experienced significant growth in September 2025, achieving its highest monthly total since June 2008. The article features comments from Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the FLA, who highlights the growth across most consumer finance products offered by FLA members. It also provides detailed statistics on new business volumes and emphasizes the importance of communication between customers and lenders.

This news article released by the Finance & Leasing Association (FLA) reports an 8% growth in consumer finance new business in September 2025 compared to the previous year. Geraldine Kilkelly, Director of Research at FLA, notes that despite some sector variations, the UK consumer credit market is expected to achieve 7% growth for 2025. The article also highlights the importance of consumer credit for household purchasing and provides insights into credit sector performances.

This news article from the Finance & Leasing Association (FLA) reports that the consumer car finance new business volumes increased by 5% in September 2025 compared to the same month in 2024. The report highlights a 9% increase in the value of new business, largely driven by the strong performance in the new car finance sector and a significant rise in new battery electric vehicles financed. The article includes commentary from Geraldine Kilkelly, Director of Research and Chief Economist at FLA, and provides statistical data on advances and car finance volumes.

This news article, released by the Finance & Leasing Association (FLA), reports an 11% growth in total asset finance new business in September 2025 compared to the same month in 2024. The article highlights significant growth in new business car finance and plant and machinery finance sectors while noting a decline in commercial vehicle finance. Geraldine Kilkelly, the FLA's Director of Research and Chief Economist, commented on the strong market performance and called for government recognition of the market's importance to business investment and economic growth.

This news article discusses the Finance & Leasing Association's (FLA) response to the Financial Conduct Authority's (FCA) decision to extend the consultation deadline for motor finance commissions until December 12. Shanika Amarasekara, FLA CEO, welcomed the extension, emphasizing the need for a thorough process to ensure a robust redress scheme in the consumer credit sector. The article highlights the significance of the consultation for the FLA's members who contribute significantly to motor finance and consumer credit.