Comfort

Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320mClose Brothers shares surged on Wednesday after the UK bank declared it could “comfortably absorb” its slice of a £9.1bn compensation bill over the motor finance scandal, hours after one of its rivals announced it was selling its UK operations over looming costs.The specialist lender said it expected the final terms of the Financial Conduct Authority’s (FCA) compensation scheme to cost roughly £320m, a sum that is “broadly similar” to previous estimates and the £294m put aside to date. Continue reading...

While Pete Hegseth has mocked the ‘big bad Royal Navy’ the First Sea Lord has sounded the alarm about its readinessMiddle East crisis – live updatesThe US defence secretary, Pete Hegseth, had his tongue firmly in his cheek when he singled out the “big bad Royal Navy” in a recent press update on the US-Israeli attacks on Iran.Hegseth’s sarcastic comment was only the latest in a long line of jibes against the capabilities and readiness of the British Royal Navy. Continue reading...

Comfort Systems USA shares posted a 15% weekly gain ending March 13, 2026, forming an outside week upside reversal amid market weakness. The industrial firm's performance stands out as major indexes like the S&P 500 fell 0.6% and Nasdaq dropped 0.9% on Friday due to oil-driven volatility. This breakout signals potential in construction and HVAC sectors despite broader economic caution. Investors eye continued strength if support levels hold into next week.