Category : Search result: FCA redress scheme


FCA expands Leeds office in major regional push

The Financial Conduct Authority is significantly expanding its Leeds presence, doubling its office space as part of its strategy to decentralise financial regulation from London.

Octopus EV gets £500m funding to expand electric fleet

Octopus EV secures £500m financing from major lenders, boosting its war chest to £2bn. The expansion will grow its UK electric vehicle fleet from 40,000 to 75,000 cars. Discover how this fuels the UK's EV revolution.

Reeves to cap Cycle to Work scheme tax breaks

Chancellor Rachel Reeves is set to limit tax benefits for high-end bike purchases via salary sacrifice. Discover how the new budget could impact your commute and the future of green travel.

Boost Your Income by £16,000 Tax-Free

Discover five legitimate ways for UK families to generate over £16,000 of tax-free income. Expert tips from AJ Bell help you leverage allowances and reliefs you might be missing.

Lloyds CEO: Motor Finance Scandal Threatens UK Investment

Exclusive: Lloyds Banking Group CEO Charlie Nunn voices serious concerns about how the ongoing motor finance commission scandal could damage Britain's attractiveness to global investors and impact the wider economy.

Vanquis warns of £7m FCA motor finance hit

Subprime lender Vanquis Banking Group faces a potential £7 million hit from the FCA's motor finance review, warning of 'material uncertainty' if the regulator doesn't change course.

UK launches banking scheme for homeless people

A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.

Australia's Free Solar Power Scheme to Cut Household Bills

Groundbreaking government initiative will provide free solar installations to thousands of Australian homes, offering significant relief from soaring electricity costs while accelerating the nation's renewable energy transition.

MPs: Watchdog Sides With Lenders in Car Finance Scandal

A cross-party committee of MPs has launched a scathing attack on the Financial Conduct Authority, claiming its car finance redress scheme favours lenders over consumers in a multi-billion pound mis-selling scandal.

FCA's £4bn car finance scandal robs victims

Millions of British drivers face fresh injustice as the FCA's proposed redress scheme for mis-sold car finance could shortchange victims by billions. Exclusive analysis reveals how the regulator's plan might benefit lenders over consumers.

North London Fury Over ULEZ Amnesty Extension

Furious North London residents are demanding answers after TfL quietly extended the ULEZ scrappage scheme amnesty period, leaving many feeling betrayed and questioning the scheme's true intentions.

FCA faces lawsuit over bond tape 'manifest error'

The Financial Conduct Authority is embroiled in a High Court battle as market participants accuse the regulator of catastrophic misjudgment in its controversial bond reporting reforms.

FCA warns over wealth consolidator risks

UK financial watchdog reveals serious concerns about conflicts of interest and unsustainable borrowing practices among wealth management consolidators, warning of potential consumer harm.

Bank shares jump despite motor finance scandal fears

Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.

50,000 zombie knives seized in UK crackdown

New government figures reveal a dramatic increase in zombie knives and machetes removed from UK streets, with nearly 50,000 seized or surrendered in the past year alone.

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