Contactless card payments could become unlimited under plan to scrap £100 cap The Financial Conduct Authority announced plans to scrap the £100 cap on contactless card payments The Independent UK · Sep 10, 2025
Firms could be given freedom to set their own contactless card limits The contactless card limit has been raised in steps over the years, currently standing at £100. Evening Standard · Sep 10, 2025
Car finance deal compensation could start next year, says FCA boss Nikhil Rathi, chief executive of the Financial Conduct Authority, said he hopes that most payouts to drivers will be made during 2026. Evening Standard · Sep 9, 2025
FCA ‘focused on proportionate and workable’ motor finance solutions FCA chief executive Nikhil Rathi said the body recognised the record keeping challenge for some firms. Evening Standard · Sep 5, 2025
'Careful easing' of mortgage stress test rules could help more first-time buyers A measured easing of stress test rules could allow more people into the mortgage market without a significant increase in arrears, UK Finance has said. Evening Standard · Sep 2, 2025
Thousands targeted by fraudsters impersonating financial regulator The Financial Conduct Authority (FCA) said it received 4,465 reports of scammers pretending to be the watchdog in the first half of the year. Evening Standard · Aug 26, 2025
Urgent scam warning issued as fraudsters pose as financial regulator Many vulnerable people were targeted in the scam The Independent UK · Aug 26, 2025
Cashback concerns raised when people are considering transferring their pension Some people may not be considering the full financial implications of their decision, the Financial Conduct Authority said. Evening Standard · Aug 15, 2025
Fake motor finance compensation offers being made by scammers, FCA warns The Financial Conduct Authority is reminding people that it does not currently have a car finance compensation scheme in place. Evening Standard · Aug 11, 2025
Drivers should be ‘very pessimistic’ over car finance claims, say lawyers Industry analysts also said on Friday that banks will ‘breathe a sigh of relief’ after the landmark Supreme Court ruling. Evening Standard · Aug 1, 2025
Millions of drivers miss out on payout after landmark Supreme Court ruling on car finance The case was brought by three motorists who all bought their cars for less than £10,000 before 2021 Evening Standard · Aug 1, 2025
Blow to consumers as supreme court hands partial win to car finance firms over loans Millions of drivers to miss out on compensation after UK’s highest court sides with finance companies The Guardian - UK · Aug 1, 2025
Lenders encouraged to improve digital processes to help borrowers’ understanding The Financial Conduct Authority has shared examples of good and poor practice with lenders. Evening Standard · Jul 31, 2025
Santander axes 2000 jobs and warns more cuts are possible High street lender Santander UK revealed it has axed over 2,000 jobs and warned more roles may need to be cut as part of an ongoing overhaul. The National (Scotland) · Jul 30, 2025
Evening Standard · Jul 30, 2025 Santander sees more than 2,000 jobs go in ongoing overhaul as profit dips Santander reported a 5% fall in pre-tax profits to £764 million for the first six months of 2025.
The Independent UK · Jul 30, 2025 Major bank slashes thousands of jobs in company overhaul Santander reported a 5 per cent decline in pre-tax profits, reaching £764 million for the first six months of 2025
The Independent UK · Jul 22, 2025 Some firms ‘earn much more money than it costs to provide pay monthly insurance’ For many customers, especially those in more vulnerable groups, spreading the cost of insurance is a necessity, the Financial Conduct Authority said.
Evening Standard · Jul 21, 2025 Why it could become easier to remortgage or reduce mortgage term The Financial Conduct Authority has confirmed changes to simplify rules and create more flexibility
Evening Standard · Jul 17, 2025 Buy now, pay later consumer protections proposed by Financial Conduct Authority Borrowers will have more transparency over their loans and be able to complain to the ombudsman if something goes wrong, under the proposals.
The Independent UK · Jul 17, 2025 Use buy now pay later? Expert tips to avoid getting into debt New proposals by the Financial Conduct Authority will give buy now pay later shoppers more protection
Evening Standard · Jul 16, 2025 Barclays fined £42m by watchdog over money laundering checks The Financial Conduct Authority fines relate to separate failings linked to the WealthTek and Stunt & Co businesses.
The Guardian - UK · Jul 12, 2025 Car finance: Drivers using claims firms could face 36% add-on charge on compensation payouts As the FCA warns over claims firms, here are the options if you’ve been a victim of motor loan mis-selling
The Independent UK · Jul 8, 2025 Major bank fined £21m after allowing customers to register from Buckingham Palace and Downing Street The FCA said Monzo’s financial fraud systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in recent years.
Evening Standard · Jul 2, 2025 City watchdog extends rules on bullying and harassment across financial sector The Financial Conduct Authority said serious incidents qualify as misconduct under its rules across the industry.
Evening Standard · Jun 29, 2025 More people could get help to navigate their financial lives, says regulator The Financial Conduct Authority is aiming to reduce the ‘advice gap’ so that people have timely access to the help they need.