Wood Group fined £13m by watchdog over inaccurate accounts The Aberdeen-based business published inaccurate information in financial results published in 2022, 2023 and 2024, the FCA said. Evening Standard · Mar 4
Alfa Romeo Global Sales Are Booming But Still A Fraction Of The Germans It’s been over a decade since the late Sergio Marchionne hit the reset button on Alfa Romeo, attempting to turn the fabled Italian brand into a true rival for the Germans. FCA poured a billion euros into the Giorgio platform to develop the Giulia and Stelvio, two models that are… Motor1 · Mar 4
Millions of drivers set to get long-awaited motor finance compensation payouts this year People would be informed within three months of the implementation period The Independent UK · Mar 4
Millions could get motor finance compensation in 2026 under plans due this month The FCA is set to give lenders a three-month implementation period to pay out redress, with up to five months for older agreements. Evening Standard · Mar 4
Reality TV stars plead guilty to illegal Instagram trading promotions IN FULL The Independent UK · Feb 20
Love Island and Towie stars plead guilty over illegal Instagram finance scheme Lauren Goodger was among the celebrities who admitted breaking the law The Independent UK · Feb 20
Reality TV stars plead guilty over illegal Instagram posts plugging FX trading Lauren Goodger was among the celebrities who admitted breaking the law after acting as so-called ‘finfluencers’. Evening Standard · Feb 20
Less than half of account providers ‘let customers set contactless card limits’ Defaqto said it found big differences in the money management features that account providers currently offer to customers. Evening Standard · Feb 20
MPs in call to halt Drax’s £2m-a-day subsidy over sustainability doubts Exclusive: Cross-party group ‘deeply concerned’ power plant may have misled ministers and regulators over source of wood pellets The Guardian - UK · Feb 19
Former Carillion chief fined by FCA for role in misleading investors Watchdog reduces Richard Howson’s fine to £237,700 after he withdraws challenge to punishment The Guardian - UK · Feb 16
Former Carillion boss fined by watchdog over ‘reckless’ actions The Financial Conduct Authority (FCA) said it had fined Richard Howson £237,000, after he withdrew his challenge to the FCA’s findings. Evening Standard · Feb 16
FCA wants buy now, pay later sector to ‘thrive’ as firms prepare for regulation The sector will come under the Financial Conduct Authority’s regulation from July 15 2026. The Independent UK · Feb 11
Barclays CEO ‘shocked’ by Epstein revelations as bank deals with Staley fallout CS Venkatakrishnan dismayed by ‘depravity and corruption’ revealed in Epstein files as he announces profits The Guardian - UK · Feb 10
Palestine Action latest: Labour MPs hit out at Starmer’s ‘draconian’ ban after High Court rules it unlawful The Metropolitan Police said it will no longer arrest protesters despite proscription remaining in place The Independent UK · Feb 8
The Guardian - UK · Feb 7 FCA urged to investigate Peter Mandelson over potential insider trading Exclusive: Lib Dem Daisy Cooper says ex-minister could have ‘abused trading laws’ when sharing state information with Jeffrey Epstein
Evening Standard · Feb 4 Firms representing motor finance customers ‘must act in clients’ best interests’ Regulators have said claims managers and law firms involved in motor finance commission claims must not charge unfair fees for ending an agreement.
The Guardian - UK · Feb 4 Santander takes fresh swipe at City watchdog as its car loan scandal bill tops £460m UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US
Evening Standard · Feb 3 Monthly insurance costs cut by £157m a year after premium finance rates fall The FCA said interest rate premiums on monthly motor and homes insurance policy payments have fallen by 4.1 percentage points on average since 2022.
Evening Standard · Jan 29 More people should be helped to access cover for financial shocks, says FCA Over half of adults do not hold a pure protection product even though many could benefit from them, the FCA said.
The Independent UK · Jan 26 Mortgage costs ‘shock’ for almost one million as fixed-rate deal ends Borrowers will need to factor in the overall cost of the mortgage, including fees, as well as the rate
Evening Standard · Jan 26 Mortgage costs ‘shock’ for borrowers as nearly 1m five-year deals end soon Many homeowners taking out fixed deals in 2021 will have been on ultra-low rates and could now see their costs jump, Compare the Market warned.
The Independent UK · Jan 23 Scams are impersonating government aid - here’s how to spot the fakes Official communications will never try to rush you into taking action - language around that should be a big red flag
The Guardian - UK · Jan 20 UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sector
Evening Standard · Jan 20 UK financial system ‘may not be prepared enough for major AI-related incidents’ The Treasury Select Committee said it had received a ‘significant volume of evidence’ about AI’s risks to financial services consumers.
The Independent UK · Jan 14 Is getting financial advice worth the money you pay? If you’re uncertain about your future then getting expert advice might be a massive help but be certain what you’re paying for