Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from FCA

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 Independent UK

Jeremy Hunt requests inquiry into ‘debanking’ of politicians

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

The Guardian - UK

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

Evening Standard

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

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

Buy now, pay later firms stay unregulated – and Britons are racking up debt

Estimates suggest one in 10 consumers who use companies such as Klarna and Clearpay end up with debt collectors as no safeguards in place

The Guardian - UK

£250bn sits in accounts earning no interest as regulator tackles poor rates for savers

‘Progress has been made ... but this needs to speed up’

The Independent UK

Nigel Farage says new Coutts boss has offered to keep his accounts open

Former Ukip leader is still taking legal action against bank demanding compensation and apology

The Guardian - UK

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

£250bn in savings held in accounts which earn no interest

Around three in 10 adults do not have a savings account of any type, the Financial Conduct Authority said.

The Independent UK

Watchdog is right to squeeze banks on savers’ behalf

City Comment: Let’s hope the FCA sticks to its guns and kick-starts a revival of savings

Evening Standard

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

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Guardian - 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.

The Independent UK

UK mortgage approvals jump unexpectedly; eurozone returns to growth as inflation falls – as it happened

UK mortgage approvals rise to eight-month high in June, while eurozone GDP rises after narrowly avoiding winter recession

The Guardian - UK

UK retail financial services set for biggest overhaul in 20 years

FCA’s new rules aimed at improving value for money for customers and preventing ‘foreseeable harm’

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

What does the new consumer duty mean for financial firms’ customers?

The way financial firms communicate with customers and their products and services will need to comply with the new consumer duty.

The Independent UK

New consumer duty sets higher and clearer standards for financial firms

Overseen by the Financial Conduct Authority, it aims to ensure consumers are at the heart of what companies do.

The Guardian - UK

UK banks are closing more than 1,000 accounts every day

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

The Conversation

How new 'consumer duty' rules for financial products could reduce debt-related stress

New “consumer duty” rules introduced by the Financial Conduct Authority (FCA) aim to set clear standards for the protection of financial consumers. Banks, building societies, investment and insurance firms, as well as many other types of business, are being told to “put their customers’ needs first”.

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Wealth manager WH Ireland cuts jobs after completing ‘urgent’ search for funds

WH Ireland successfully raised £5 million at a steep discount this morning, after warning it was in danger of collapse if it failed to do so

The Week

What the new Consumer Duty rules mean for your finances

New regulations coming into force at the end of July should signal good news for customers of banks and other financial services firms.

The Guardian - UK

Sunak and Hunt accused of ‘damaging UK plc’ over NatWest boss’s exit

Concerns raised over anonymous briefings that triggered early-hours resignation of Dame Alison Rose

Evening Standard

NatWest boss Dame Alison Rose quits after admitting Nigel Farage leak to BBC

An emergency board meeting was called late on Tuesday, with the announcement of Dame Alison Rose’s resignation a few hours later

The Independent UK

‘Significant concerns’ in Downing Street as NatWest boss quits over Farage leak

Dame Alison Rose resigns after admitting ‘serious error of judgment’

The Independent UK

NatWest boss Alison Rose quits after admitting Farage leak to BBC

Nigel Farage says the entire NatWest Board ‘needs to go’ following Dame Alison Rose’s resignation

The Independent UK

7.4m people ‘have made failed attempts to contact financial services providers’

The Financial Conduct Authority took the estimate from its financial lives survey of more than 19,000 people across the UK.

1 … 29 30 31 32

People

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

Organisations

the Financial Conduct Authority

Financial Conduct Authority

124 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.