All the updated news related to amigo

All the news related to amigo updated in real time

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City

Amigo could restart lending within year as court prepares to rule on proposals

Troubled lender Amigo could start lending again within a year if proposals to compensate customers for unaffordable loans are adopted this week. The City watchdog said that it would not oppose the proposals, due to be heard in court on Tuesday, and ...

07 Mar 2022 at 09:25

City

Amigo Loans loses customers and revenue but optimistic of return to lending

Amigo Loans has seen its customer base halved and its revenue cut by two-thirds as the troubled lender stays afloat despite its nearly two-year lending “pause”. The company stopped lending in November 2020 and has struggled to resume business amid ...

25 Aug 2022 at 12:20

City

FTSE 100 edges towards record levels after further gains

The FTSE 100 inched closer towards record levels on Monday but stopped short of an all-time high as progress continued at a glacial rate amid the absence of US trading. Trading in London was cautious but still continued its positive run as ...

16 Jan 2023 at 17:31

City

Amigo struggles to pay debts to borrowers as investors hold off

High-interest loans company Amigo is struggling to convince investors to help pay off what it owes to customers who were mis-sold loans they could not afford, the business revealed on Monday. The lender said it has not managed to find a ...

16 Jan 2023 at 10:36

Horse Racing

The Two Amigos claims Welsh National gold

The Two Amigos made it third time lucky when making just about every yard of the running in the Coral Welsh National at Chepstow. Fifth to Potters Corner in 2019 and second to Secret Reprieve two years later, Nicky Martin’s 10-year-old ...

27 Dec 2022 at 15:46

City

Customers vote for compensation scheme which could keep lender Amigo afloat

Borrowers who were mis-sold loans they could not afford by Amigo have thrown the struggling business a lifeline by voting for a compensation package which could allow it to continue trading. The business said that its creditors had ...

13 May 2022 at 12:25

Racing

Nicky Martin to bide her time with stable star Bear Ghylls

Trainer Nicky Martin has called time on the idea of a novice chasing campaign for Bear Ghylls and will wait for next season. Having developed into one of the leading novice hurdlers in Britain last season, signing off with a ...

16 Jan 2022 at 13:55

Lender Amigo to wind down after failing to secure cash from investors

City

Lender Amigo on the brink as it fails to get enough cash to compensate customers

Amigo Loans has said it plans to wind down its business and halt all lending with immediate effect as it realised it would not be able to meet the terms of a High Court scheme which was intended to compensate customers. The ...

23 Mar 2023 at 08:42

Horse Racing

Owen eyeing Newmarket return for Ambiente Amigo

James Owen could saddle his first Classic runner if Ambiente Amigo proves she is up to the task of running in the Betfred Oaks during the early stages of the new Flat season. Owned by the Gredley Family, the daughter of ...

09 Apr 2024 at 10:59

Martin would like rain at Newcastle ahead of Amigos Eider option

Horse Racing

Martin hoping for Newcastle rain ahead of Amigos Eider option

Nicky Martin has an eye on the Eider Chase at Newcastle for her Welsh Grand National winner The Two Amigos. The gelding prevailed by a length and a quarter in the Chepstow staying event, relishing the soft conditions ...

21 Feb 2023 at 09:57

Horse Racing

The Two Amigos aiming to do Martin proud once more

Nicky Martin is praying the rain keeps falling for her “little rock star” The Two Amigos who lines up in the Betfred Grand National Trial Handicap Chase at Haydock on Saturday. The 11-year-old took advantage of a ...

17 Feb 2023 at 14:11

City

Amigo dodges £73m fine from City watchdog due to ‘financial hardship’

Troubled sub-prime lender Amigo Loans has been let off a £73 million fine by the City watchdog due to its financial woes despite failing to carry out proper affordability checks on vulnerable borrowers. The ...

14 Feb 2023 at 09:36

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