News and insights
The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
Three in four drivers worried about global events impacting car costs

According to our latest research, most UK drivers are concerned that global events are affecting the cost and value of their cars.
26 August 2025 ● Consumer research ● 2 minute read
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Two in five drivers call for cap on insurance premiums ahead of the Autumn Budget
Our latest consumer research found that two in five drivers call for cap on insurance premiums ahead of the Autumn budget.17 October 2024 Consumer research 5 minute read

Close Brothers Motor Finance appoints new Managing Director of Sales
Our latest appointment sees John Cassidy become Managing Director - Sales.09 October 2024 Appointment 2 minute read

Seven in ten car dealers want to see a VAT cut in the Autumn Statement
According to our latest Forecourt Foresight research, which asked dealers to outline the support they need to help their business, almost seven in ten (69%) said they'd like to see a VAT cut.27 September 2024 Forecourt Foresight 2 minute read

High electricity costs have been the biggest challenge for EV drivers
As the energy price cap is set to increase on October 1st, a third of EV drivers say high electricity costs have been the biggest challenge to owning an electric vehicle, according to our latest consumer research.27 September 2024 Consumer research 5 minute read

Close Brothers wins the most Open Culture award!
At this year's Menopause Friendly Employer Awards, Close Brothers took home the award for the Most Open Culture!16 September 2024 Industry Awards 2 minute read

Dealers confirm price is paramount for vehicle buyers
Our latest Forecourt Foresight research, which asked motor dealers what their customers look for when making a vehicle purchase, found that price remains the most important consideration for buyers.27 August 2024 Forecourt Foresight 3 minute read

From Pumps to Plugs: EV Drivers Reap the savings
Since switching to electric vehicles, EV owners say they’ve saved money over traditional fuel types. That's according to our latest consumer research.24 July 2024 Consumer research 3 minute read

2025 is set to be a costly year for EV drivers
Our latest consumer research found that 54% of EV owners purchased their vehicle to save money and reduce running costs. 42% were unaware of changes to three key incentives coming to an end in 2025.28 June 2024 Consumer research 2 minute read

Close Brothers Motor Finance partners with fintech Zuto to digitise customer outreach
We've partnered with Zuto to enhance products and digitise the customer journey.02 May 2024 News 5 minute read