4 d. ago WH Smith bids to recover overpaid bonuses to bosses as accounting issues probed

Interim boss Andrew Harrison said he was ‘acutely aware that we have much to do to rebuild confidence’ in WH Smith.

Economics

5 d. ago Firms could set own contactless card limits under changes planned by regulator

The Financial Conduct Authority’s rule changes will take effect from March 19.

Politics

5 d. ago Contactless card limits AXED under new plans to change how you pay at the tills from March

SHOPPERS will soon find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards. Under changes being made next year by the Financial Conduct Authority (FCA), banks and payment providers with strong fraud controls will...

Politics

7 d. ago FCA prepared to tweak car loan compensation scheme after pushback, boss says

The Financial Conduct Authority’s consultation on its proposed motor finance redress scheme closed last week, with more than 1,000 responses.

Politics

9 d. ago UK Treasury drawing up new rules to police cryptocurrency markets

Rachel Reeves wants to protect consumers by bringing digital money and assets into the ‘regulatory perimeter’Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027.The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the Financial Conduct Authority (FCA). Continue reading...

Events

9 d. ago Crypto firms to be regulated like other assets under new UK rules

The Treasury announced new legislation which will mean crypto firms have to meet a set of standards overseen by the Financial Conduct Authority.

Politics

1 week ago Shoppers turning to alternative payments such as buy now pay later – BRC report

The report suggested that interest rates charged on credit cards could be pushing some consumers towards other payment methods.

Economics

1 week ago Targeted support could see 18 million savers offered help in next decade

The new type of help will mean firms can make specific suggestions to consumers to help them decide what to do with their money.

Events

2 w. ago City watchdog reveals new measures to get more people investing in shares to boost uncertain London market

THE City watchdog has revealed measures to get more people investing in shares in a bid to boost the uncertain London market. The Financial Conduct Authority aims to make it easier for ordinary savers to put money into stocks and shares and take informed risks rather than just leaving their cash in low-return accounts. A...

Economics

2 w. ago City watchdog sets out moves to boost retail investment in shares

The Financial Conduct Authority is proposing ways to encourage retail investors to take more risk by putting cash into stocks and shares.

Politics

2 w. ago City watchdog rules out market abuse probe into Rachel Reeves

Financial Conduct Authority says regulation is not meant to ‘make judgments on political discourse’

Events

2 w. ago Watchdog brings forward deadline for motor finance firms to handle complaints

The Financial Conduct Authority will be lifting a pause on the handling of certain motor finance complaints on May 31, rather than July 31.

Events

3 w. ago AD FEATURE: Brits who bought car finance may be owed an average of £700* in compensation

Brits who bought car finance may be owed an average of £700* in compensation following an investigation by the Financial Conduct Authority

Economics

3 w. ago Rachel Reeves hits back at claims she misled public on Budget headroom

Both the Conservative party and the SNP have written to the Financial Conduct Authority asking for an investigation into The Chancellor’s comments

Events

3 w. ago Sultana attacks the monarchy, Israel and ‘pathetic’ Labour in Your Party speech – UK politics live

MP speaks to delegates in Liverpool after boycotting conference yesterdayKemi Badenoch has reiterated her calls for the chancellor to resign on the BBC’s Sunday with Laura Kuenssberg programme, after accusing Rachel Reeves of breaking promises not to raise taxes.In this year’s budget, Reeves froze tax thresholds for three years longer than previously planned, meaning that as wages rise more people will have to start paying income tax.The chancellor called an emergency press conference telling everyone about how terrible the state of the finances were and now we have seen that the OBR had told her the complete opposite. She was raising taxes to pay for welfare.The only thing that was unfunded was the welfare payments which she has made and she’s doing it on the backs of a lot of people out there who are working very hard and getting poorer. And because of that, I believe she should resign.The shadow chancellor, Mel Stride, has written to the FCA (the Financial Conduct Authority). Hop...

Politics

3 w. ago Sultana addresses Your Party conference after securing ‘collective leadership’ victory – UK politics live

MP speaks to delegates in Liverpool after boycotting conference yesterdayKemi Badenoch has reiterated her calls for the chancellor to resign on the BBC’s Sunday with Laura Kuenssberg programme, after accusing Rachel Reeves of breaking promises not to raise taxes.In this year’s budget, Reeves froze tax thresholds for three years longer than previously planned, meaning that as wages rise more people will have to start paying income tax.The chancellor called an emergency press conference telling everyone about how terrible the state of the finances were and now we have seen that the OBR had told her the complete opposite. She was raising taxes to pay for welfare.The only thing that was unfunded was the welfare payments which she has made and she’s doing it on the backs of a lot of people out there who are working very hard and getting poorer. And because of that, I believe she should resign.The shadow chancellor, Mel Stride, has written to the FCA (the Financial Conduct Authority). Hop...

Politics

3 w. ago Rachel Reeves latest: Starmer to back chancellor as she faces growing pressure over Budget black hole row

Downing Street denies claims that Rachel Reeves misled the public about a £20 billion black hole in the public finances

Events

3 w. ago 'Black hole' row: Call for Financial Conduct Authority investigation

Mel Stride said it had become 'increasingly clear' that the Chancellor had given an 'inaccurate picture of the economic and fiscal context' driven by 'political considerations.'

Economics

3 w. ago AD FEATURE: Brits who bought car finance may be owed compensation averaging £700*

Brits who bought car finance may be owed compensation averaging £700* as the Financial Conduct Authority (FCA) is set to launch a major redress scheme

Economics

4 w. ago Cash Isa limit cut may not encourage people to invest, finance expert says

Reports suggest that the annual cash Isa limit could be reduced to £12,000 in the Budget.

Economics