Business news live: FCA prepare car loan scandal compensation review, FTSE 100 rises

We’ll get into the car loan mis-selling latest momentarily but let’s quickly check into money markets first after opening. Investors will be watching stock market levels this week after most took a sharp downward turn at the end of last week.

That came as Trump’s original tariff deadline came and went with another extension and another raft of new rates for some countries.

This morning the FTSE 100 has risen 0.05 per cent in the opening minutes of trading, but it’s very much a timid-feeling position.

The German DAX is up 0.45 per cent and the Euro Stoxx 50 is up 0.64 per cent.

Good morning and welcome to our business live blog covering the usual company news, FTSE 100 and stock market movements and everything regarding your money.

Today we also take on board the car loan scandal and the latest movements there.