The former director general of the Confederation of British Industry (CBI) has said that the authority on banking standards should not consist of bankers. As part...
Part state-owned bank Lloyds has been pressuring the City watchdog for a time limit to be introduced on payments made to those affected by the mis-selling...
The Co-operative Bank has introduced a £100 current account switching offer that also includes a £25 donation to a leading charity of the individual’s choice, as...
The Financial Conduct Authority (FCA) has admitted that it is difficult to measure the advice gap and its effects following regulatory change. Speaking at a...
The Financial Conduct Authority (FCA) has dealt Lloyds Banking Group a £28m fine for “serious failings” in its control of sales incentive schemes. The group was...
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...
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 government is to introduce new legislation that will see the cost of taking out a payday loan capped, after a cross-party group of MPs backed...
Unite, the UK’s biggest union, has launched a new credit union service in a bid to challenge payday lenders and other organisations that “[try] to make...
The Financial Conduct Authority (FCA) and Ofgem have found no proof of price fixing in the British gas sector, after an investigation began a year ago...
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...