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The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
Nearly half of UK drivers rethink EV plans
Our latest consumer research reveals that nearly half of UK drivers say EV tax has influenced their decision, with 22% dropping plans for a new EV and 24% now considering a used one.
14 October 2025 ● Consumer research ● 3 minute read
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Close Brothers Motor Finance makes two key appointments
We've made two key appointments as Clare Bradley has been appointed Commercial Director, and Neil Leonard has been appointed Marketing Director.29 November 2024 Appointment 2 minute read
Close Brothers Motor Finance returned to writing new business
We've begun a phased return to the writing of new UK motor finance business.08 November 2024 Motor Finance 2 minute read
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