FTSE 100 Index Boosted by Financial Stocks After U.K. Court Car Finance Ruling -- Market Talk

Dow Jones

2025/08/04

0750 GMT - London's premier FTSE 100 index rose in opening trade Monday, boosted by financial stocks after a U.K. Supreme Court decision on motor finance redress late Friday. The index is trading 0.3% higher, having fallen 2.6% last week and marking its biggest weekly fall since the week ended April 4. Lloyds Banking Group shares were up 7.2% after the ruling and the bank saying it expects any change to the provision made in its accounts for any redress to be immaterial. The FTSE 100 financials sector was up 1.5%. (ian.walker@wsj.com)

(END) Dow Jones Newswires

August 04, 2025 03:50 ET (07:50 GMT)

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Lloyds Banking Group shares were up 7.2% after the ruling and the bank saying it expects any change to the provision made in its accounts for any redress to be immaterial. The FTSE 100 financials sector was up 1.5%. (ian.walker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 04, 2025 03:50 ET (07:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}