John Lewis halts offering EV cover amid repair cost concerns

electric car

John Lewis has "temporarily paused offering new policies and renewals on fully electric vehicles", citing repair cost concerns.

The department store’s lending arm, John Lewis Financial Services, has paused its offering of new coverage, as well as renewals for customers with battery-powered vehicles, while Covéa, John Lewis’

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.