Number of £5million-plus mortgages in UK goes up by two thirds Loans to buy properties costing more than £10m almost doubled Wales Online · Sep 14, 2022
Woodford fund investors could be in line for £306m in compensation FCA orders fund’s administrator, Link, to ringfence sum as part of conditions related to its takeover The Guardian - UK · Sep 12, 2022
Lloyd’s boss: Liz Truss watchdog merger ‘would be distraction’ Lloyd’s chairman Bruce Carnegie-Brown also complained businesses were being hampered by delays to the process of approving new company directors. Evening Standard · Sep 12, 2022
People due to renew home or car Insurance urged to haggle to make annual savings The average increase for car insurance is £35 and £41 for home insurance. Daily Record · Sep 2, 2022
Insurance customers could make savings by haggling and switching, says Which? Some insurance customers have seen prices rise despite a ‘loyalty penalty’ ban having been introduced at the start of this year, Which? said. The Independent UK · Aug 30, 2022
San Jose Unified School District Likely Discriminated Against Fellowship of Christian Athletes, Based on … the FCA's requirement that leaders "abide by a Statement of Faith, which includes the belief that sexual relations should be limited within the context of a marriage between a man and a woman" -- so holds a Ninth Circuit's panel. Reason · Aug 30, 2022
Where will struggling households turn to after UK clampdown on payday lenders? Market once dominated by Wonga has halved but some industry figures say there could be role for more tightly regulated sector The Guardian - UK · Aug 30, 2022
Crypto crash: how a teacher’s dream investment turned into a nightmare loss Small-scale investors left counting the cost this year after value of digital assets fell off a cliff The Guardian - UK · Aug 29, 2022
Jacob Rees-Mogg to sell London offices as civil servants work from home Minister had urged staff to go into office and attacked FCA over working from home The Guardian - UK · Aug 27, 2022
City regulators clear HBOS ex-bosses of misconduct over bank’s near-collapse Watchdogs say six-year investigation had determined no grounds for action against unnamed individuals The Guardian - UK · Aug 26, 2022
Amigo customer numbers halve in a year Company enforced self-imposed market pull back two years ago after FCA run in Evening Standard · Aug 25, 2022
Doorstep lender Morses Club sinks to £43m loss as claims surge from borrowers The firm said its status as a viable business in the months ahead relied on a slowdown in the number of claims being made Evening Standard · Aug 25, 2022
Citigroup hit with £12.6 million fine by main City market watchdog FCA finds the bank failed to reach requirements on surveillance to identify market abuse Evening Standard · Aug 19, 2022
City watchdog warns buy-now-pay-later firms to follow rules on social media promotions Why it could be time for TikTok stars to brush up on the UK’s rules covering financial advertising Evening Standard · Aug 19, 2022
The Guardian - UK · Aug 19, 2022 Buy now, pay later firms in UK warned over influencer ads on social media Financial Conduct Authority will take action if posts do not inform consumers of debt risks
The Independent UK · Aug 19, 2022 ‘Buy now pay later’ adverts could be misleading consumers, watchdog warns The ads could fail to warn people of the risks of taking on debt they cannot afford to repay, the FCA said.
The Guardian - UK · Aug 18, 2022 Liz Truss derided for ‘dangerous’ reported plan to merge UK financial regulators Ex-business secretary Vince Cable says potential integration of FCA, PRA and PSR, formed after financial crisis, poses systemic risks
Wales Online · Aug 16, 2022 BBC Panorama: Man forced to retire early due to ill health loses entire life's savings after investing in fund “The side effects to some of the medication was horrendous, but losing the money was worse."
Tribune News Service · Aug 12, 2022 Appeals court dismisses GM's 2019 suit against FCA The U.S. 6th Circuit Court of Appeals has affirmed a federal judge's earlier decision to throw out a racketeering lawsuit by General Motors Co. against Fiat Chrysler Automobiles, now known as Stellantis NV.
Reuters · Aug 11, 2022 Explainer-Britain and regulators square up over post-Brexit financial reform Britain's government proposed a far-reaching financial services law last month to exploit "freedoms" to write its own capital market rules since leaving the European Union.
Daily Mirror · Aug 11, 2022 Funeral plan customers set to lose thousands as firm goes bust with huge debts Customers of Unique Funeral Plans have fading chances of getting their money back, as the company has gone into liquidation owing £680,000 to customers and the taxman
Chronicle Live · Aug 6, 2022 Newcastle mum who has been fostering for more than 40 years now helping mothers and their babies Sheila Ryan began fostering children in 1978 and has now specialised in mother and baby foster placements
The Guardian - UK · Aug 5, 2022 Christopher Gent fined £80,000 by FCA for disclosing inside information UK regulator rules that businessman breached fiduciary duties by sharing ConvaTec information
Evening Standard · Aug 5, 2022 FCA slaps £80,000 fine on City superstar Sir Christopher Gent Watchdog finds the former Vodafone CEO disclosed inside information when chair of ConvaTec
Daily Record · Aug 5, 2022 New cash loan scam warning for people struggling with money due to cost of living crisis Three key signs of a loan-fee scam to look out for.