The Latest Breaking News from the Financial Conduct Authority

The Financial Conduct Authority said people should discuss options with their lenders.

Loan fee fraud, where someone pays a fee for a loan they never receive, typically results in a £260 loss, the Financial Conduct Authority said.

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.

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

The Chancellor has asked the Financial Conduct Authority to look into account closures and report back to him next month

The 0.25 percentage point rise will add on £23.71 on average to monthly tracker payments, adding up to nearly £285 per year.

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 Financial Conduct Authority has set out a 14-point plan to ensure banks and building societies are passing on interest rate rises appropriately.

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”.

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

The former Ukip leader said after his account was closed there is a danger of the UK moving towards a ‘Chinese-style social credit system’