Payday lenders have come under more fire after figures released by watchdog Ofcom found that almost 400,000 adverts for the controversial companies were shown on TV...
Anna Laycock, ethics manager at Ecology Building Society, reflects on recent media criticism of financial mutuals. Reading the headlines this weekend, you’d have been forgiven for...
The Financial Conduct Authority (FCA) has moved to freeze the assets of a suspected boiler room scam, after a High Court judge last week agreed that...
The Financial Conduct Authority (FCA) is reportedly holding informal talks with 21 firms that want to apply to launch new banks. Speaking at a banking conference...
Over a dozen companies have been closed by the Insolvency Service in the last 15 months, after raking in nearly £24m from 1,500 individuals for carbon...
Over 1 million people are planning on turning to a payday lender to help cope with the costs of Christmas, according to a new survey. The...
A one-off evidence session looking into the regulation of the payday lender industry will be held on November 5 at the Palace of Westminster, London. The...
Martin Wheatley, chief executive of the regulator the Financial Conduct Authority (FCA), has said the regulatory system was moving towards placing “far more emphasises on good...
The Financial Conduct Authority (FCA) has tabled tougher regulation for the increasingly popular crowdfunding industry. Crowdfunding allows individuals to lend to small businesses or buy shares...
Consumer complaints reported by financial services firms fell by 500,000 between the second half of 2012 and the first half of 2013, according to the Financial...
A charter aimed at tightening up regulation for payday lenders has been launched by a Labour MP. Paul Blomfield, MP for Sheffield, has launched the Charter...
The Financial Conduct Authority (FCA) has outlined how it plans to regulate consumer credit – including the payday loans industry – when it takes on the...
UK regulators are not backing down against bad behaviour in the financial sector, according to research carried out by audit firm EY. The study looked at...
US investment bank JP Morgan Chase has been fined $920m (£573m) for concealing so-called ‘London Whale’ trades that led to losses of $6.2 billion. Regulators in...
Barclays bank has revealed it is facing a £50m fine from the Financial Conduct Authority (FCA) over a deal with Qatari investors in 2008. The FCA...