The chief executive of Lloyds Bank has said an £11bn car finance compensation scheme risks putting foreign investors off Britain, the Telegraph reported. Charlie Nunn said that the Financial Conduct Authority’s (FCA) planned redress scheme for drivers who claim they were mis-sold car loans risked becoming an “investability issue” for Britain. Mr Nunn said the “scheme as it’s currently proposed” would give a “windfall ... that isn’t linked to harm and wouldn’t be fully proportionate”.

German manufacturing orders and industrial production in France rebounded in September, signaling a recovery in the factory sector after trade uncertainty dented demand over the summer, the Wall Street Journal reported. Total orders rose 1.1% on month in Germany, swinging from a 0.4% fall in August, statistics agency Destatis said Wednesday. Meanwhile, industrial output in France climbed 0.8% on month, offsetting much of the 0.9% fall in the prior month, France’s statistics agency Insee said.

Unemployment in the State currently stands at 5 per cent as 147,400 people found themselves out of work, according to new data from the Central Statistics Office (CSO), with youth unemployment proving especially intractable, the Irish Times reported. “The traditional July spike in youth unemployment, which usually eases by autumn, has not done so this year,” said Grant Thornton economist Andrew Webb.

Several German subsidiaries of First Brands Group have filed for insolvency, in a sign that the fallout from the US car parts supplier’s September bankruptcy is rippling through to its foreign operations, Bloomberg News reported. The insolvencies affected entities of automotive supplier Plastic Manufacturing Group, which is owned by First Brands, according to a statement from Schultze & Braun, whose lawyer has been appointed provisional administrator.

Ludwig Sandgren, the former owner of GODSENT, has criticised the handling of the esports organisation’s bidding process when finding a potential buyer, Esports Insider reported. The Swedish organisation entered bankruptcy in September due to financial struggles following the loss of a sponsor. On November 3, 2025, Ludwig Sandgren confirmed reports of GODSENT filing for bankruptcy in addition to announcing his departure from the esports industry.

The Management Board of the National Bank of Ukraine has decided to classify JSC “RVS Bank” as insolvent, Mezha.net reported. According to the regulator’s press service, the corresponding decision was published on 4 November 2025 under No. 398-rsh/BT. It noted that previously the bank had been in the troubled category, but continued risky activities and violated prudential norms, in particular capital adequacy norms. At the same time, the management and owners of a significant stake did not take measures to prevent insolvency.

The agency group detailM GmbH, which included the affiliate network belboon and the SEO agency seo2b GmbH, most recently employed around 160 people. In April of this year, the group filed for insolvency, according to a company press release. seo2b GmbH, based in Trier, was founded in 2013 and developed over the years into one of the leading agencies in the field of search engine optimization. In 2018, ARCUS Capital AG, together with co-investors, acquired a majority stake in detailM GmbH, which included belboon GmbH and the newly acquired seo2b GmbH.

The European debt crisis of the early 2010s created an image of a continent cleaved in two: The fiscally responsible core countries led by Germany versus the spendthrift southern periphery of Portugal, Italy, Greece and Spain. Nowadays, there has been a role reversal. Europe’s three biggest economies are stuck in a cycle of weak growth, leading to widening budget deficits. France is the epicenter of this shift and remains mired in a budget and political crisis, while the U.K. is weighing tax rises to try to narrow the gap and avoid spooking markets.