Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from the Financial Conduct Authority

Neil Woodford’s understanding of risk ‘defective’, FCA says

Watchdog issues warning notice to former star stockpicker over collapse of his fund in 2019

The Guardian - UK

Women are never quite the right age for promotion

City Voices: If Parliament and the Financial Conduct Authority take this seriously, there is a chance of genuine progressive change that will make workplaces better for everyone.

Evening Standard

Sexism and the City: MPs to release scathing report on culture of the Square Mile

A powerful Commons committee is poised to reveal the findings of a six-month investigation into sexism in the City which is likely to be scathing about the culture that still exists at major financial institutions.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

FCA’s pay levels ‘could force its staff to rely on hardship fund’

Members of Unite union reject UK regulator’s offer and say it is failing to deal with salary shortfall

The Guardian - UK

‘The key thing is to have a plan’: the former City watchdog now helping to guide Keir Starmer

Charles Randell, ex-chair of the Financial Conduct Authority, cut his teeth helping the Treasury fight the financial crisis and is now a Labour election policy adviser

The Guardian - UK

FCA to review whether car finance customers could be owed compensation

The Financial Conduct Authority will look at historical discretionary commission arrangements in the motor finance market.

The Independent UK

How to make the most of your cash savings in the UK

With interest rates on the up, your money can earn more – but only if it is held in the right account

The Guardian - UK

Read news from The Economist, FT, and more,
with one subscription

Signs of a more competitive savings market are emerging, City regulator finds

The Financial Conduct Authority said it will continue to closely monitor the savings market in 2024 to ensure that customers receive fair value.

The Independent UK

Young people’s reluctance to talk about money is putting them at risk – here’s how to help them

Credit is an everyday, and often essential, part of young people’s lives. Gaining access to credit for the first time is an important transition to adulthood that can enable you to study, earn and invest in your future.

The Conversation

DWP £300 cost of living payment - Scots urged to be alert to scams

SCOTS have been urged to be alert to the risk of scams as cost-of-living support payments of £300 start arriving in bank accounts.

The National (Scotland)

What was the cap on bankers' bonuses and why was it scrapped? Labour has 'no intention of reinstating it'

Shadow chancellor says introducing the cap after the global financial crisis in 2008 was the right thing to do — 'but that has gone now'

Evening Standard

Ex Barclays chief executive Jes Staley fined £1.8m over relationship with paedophile Jeffrey Epstein

The Financial Conduct Authority found Mr Staley “recklessly approved” letter sent by Barclays to the regulator containing “two misleading statements”

The Independent UK

City watchdog ex-chair says he faced ‘political pressure’ to let in crypto firms

Charles Randell says some of the exchanges the FCA was pressed to allow to trade in the UK are now being investigated in the US

The Guardian - UK

Motor and buildings insurance complaints to ombudsman hit five-year high

From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases.

The Independent UK

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Fifth of buy now, pay later customers ‘have used the credit to fund essentials’

Some consumers have faced issues managing payments, been charged a late fee, or used a credit card to fund a repayment, according to research.

The Week

Save or invest: how to time it right

Deciding whether to keep money in cash or take more risk by investing is becoming trickier than ever as saving rates climb.

The Guardian - UK

The Tories let the City run out of control. Now Labour plans to repeat their mistakes

Deregulation and financialisation cause environmental, economic and social harms – but the party aims to give finance even more power, says Mick McAteer, co-director of The Financial Inclusion Centre

The Independent UK

FCA: One in 10 interest-only mortgage holders may be ‘overly optimistic’ on debt

The Financial Conduct Authority said people should discuss options with their lenders.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

People urged to watch out for loan fee fraud as summer fuels financial pressures

Loan fee fraud, where someone pays a fee for a loan they never receive, typically results in a £260 loss, the Financial Conduct Authority said.

The Independent UK

Bank of England governor backs regulator plan to ensure ‘fairness’ for savers

The Financial Conduct Authority said it will take action if firms offering the lowest savings rates are unable to justify how they offer fair value.

The Guardian - UK

Jeremy Hunt requests inquiry into ‘debanking’ of politicians

Chancellor wants Financial Conduct Authority to investigate whether practice is ‘widespread’

Evening Standard

Debanking poses threat to free speech, Jeremy Hunt says as he asks regulator for probe

The Chancellor has asked the Financial Conduct Authority to look into account closures and report back to him next month

The Independent UK

Interest rate hike adds £24 a month on to average tracker mortgage payment

The 0.25 percentage point rise will add on £23.71 on average to monthly tracker payments, adding up to nearly £285 per year.

The Independent UK

How will the regulator’s cash savings action plan help savers?

Here is a look at the impacts of the 14-point action plan for the cash savings market, which has been set out by the Financial Conduct Authority.

The Independent UK

Action plan to ensure savers are offered fair value drawn up by regulator

The Financial Conduct Authority has set out a 14-point plan to ensure banks and building societies are passing on interest rate rises appropriately.

1 … 5 6 7 8

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Financial Conduct Authority

Advice Direct Scotland

127 stories

Financial Conduct Authority

120 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.