The Latest Breaking News from FCA

Savers ‘short-changed’ on easy access accounts that are closed to new business

Customers need to see if they are getting a ‘raw deal’, according to Moneyfactscompare.co.uk, which carried out the analysis.

The Independent UK · Jul 15, 2024

Reeves must go beyond FCA reforms to save London listings

City Voices: Dealmakers will pounce on UK listed companies

Evening Standard · Jul 11, 2024

Former reality TV stars face 2027 trial over Instagram trading scheme

Eight of nine ‘finfluencers’ plead not guilty to promoting unauthorised content to 4.5m followers

The Guardian - UK · Jul 11, 2024

Tribunal cases to rise as UK firms push back on remote working, experts say

Some employers emboldened by ruling against FCA manager’s claim over working at home full-time

The Guardian - UK · Jun 4, 2024

Bank of England Under Fire From Leader of the Campaign for Fair Finance

Is the Bank of England up to the job of managing the UK's monetary policy? The leader of The Campaign for Fair Finance Dr Roger Gewolb offered me his views of the UK's central bank.

International Business Times UK · Jun 3, 2024

‘Fleecing the man off the street’: Car dealers investigated over high interest rates

The FCA is considering opening a compensation scheme for customers after an influx of complaints

The Guardian - UK · May 30, 2024

Would you take financial advice from a Love Island star?

As stars of popular UK reality shows are charged with promoting an unauthorised foreign exchange scheme to their Instagram followers, Katie Rosseinsky explores the dubious world of ‘finfluencers’ – social media personalities who have become financial gurus to impressionable youngsters

The Independent UK · May 27, 2024

Bank fined millions over treatment of struggling customers

The bank put around 1.5 million people at risk of greater financial harm, according to the FCA

The Independent UK · May 23, 2024

Trader’s ‘fat finger’ costs Citi $79 million after U.K. fines bank over mistake that triggered 2022 market crash

The erroneous trade prompted 711 pop-up warning messages in a single alert before it sparked a European selloff.

Fortune · May 22, 2024

Bank fined after trader makes $444 billion 'fat finger' error

The error, worth more than the GDP of Denmark, was partially blocked by Citigroup, but almost $200 billion worth of shares were still sent to a trading algorithm

Evening Standard · May 22, 2024