Motor Finance Scandal Forces Close Brothers' £400m Overhaul
How the FCA's motor finance probe triggered a drastic cost-cutting mission at Close Brothers. Can new CEO Mike Morgan steer the bank back to profitability? Analysis inside.
How the FCA's motor finance probe triggered a drastic cost-cutting mission at Close Brothers. Can new CEO Mike Morgan steer the bank back to profitability? Analysis inside.
Our review of The Real Greek in Covent Garden finds a friendly, affordable spot that offers a taste of Greece but falls short on authentic Athenian flavour. Discover what worked and what didn't.
A review of 'Our American Queen', a new play about Kate Chase's political machinations during the 1864 US election. On at London's Bridewell Theatre until 7 February.
The FCA states Neil Woodford's appeal against £46m in fines is unlikely to be heard before 2027, prolonging the high-profile investment scandal's legal saga. Read the latest.
Can a seven-seat family SUV be fun? We review the Skoda Kodiaq vRS, with its 262bhp Golf GTI engine, to see if it delivers thrills without sacrificing practicality.
The UK's financial watchdog is investigating whether social media 'finfluencers' can help close the nation's investment gap. Discover the risks, regulations, and potential impact.
A former Jefferies banker and his associate have pleaded not guilty to insider dealing charges linked to a £70k profit. Their trial is scheduled for January 2028. Read the full details.
The FCA has fined two former Carillion directors over £370,000 for failing to alert investors to serious financial problems before the firm's 2018 collapse. Read the full details.
The FCA has fined former Carillion finance directors Richard Adam and Zafar Khan a total of £371,700 for making misleading statements. Read the full details of the City watchdog's crackdown.
The Financial Conduct Authority concludes its investigation into private equity-backed advice firms without enforcement action. Discover the details and regulatory implications.
UK law firms brace for a major anti-money laundering overhaul as the FCA takes over regulation. Sharper penalties and stricter scrutiny aim to clean up the UK's £100bn dirty money reputation ahead of a 2027 FATF review.
New research reveals a surge in Brits using ChatGPT for investment decisions, averaging £2,350 per user. Discover the risks and regulatory changes shaping this trend.
The FCA's motor finance redress scheme faces fierce criticism from both banks and consumer groups. With £11bn at stake and a potential legal battle looming, find out what happens next in 2026.
Newly released court documents reveal former Barclays CEO Jes Staley and ex-US Treasury Secretary Larry Summers were appointed as executors of Jeffrey Epstein's estate. Explore the details and implications.
A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.
The UK's financial regulator will allow banks to set their own contactless payment limits from March 2025, removing the £100 cap. Consumers may also set personal limits.
The UK's £100 contactless payment limit will be removed next year, allowing banks to set their own maximums. Find out what this means for your spending and security.
The Financial Conduct Authority launches an investigation into WH Smith following accounting errors in its US division. CEO resigns as profit forecasts are slashed.
The UK's financial watchdog will let banks set their own contactless payment limits from March 2025, scrapping the £100 cap. Find out how this could boost high street spending.
The UK's Financial Conduct Authority will intensify oversight of home and travel insurance markets following a formal super-complaint from Which? over poor claims handling and unfair terms. Read the latest.
A hands-on review of Gtech's cordless lawnmower, hedge trimmer, and grass edger. We tested their power, battery life, and value for money to see if the premium price tag is justified for UK gardens.
The FCA's Consumer Duty overhaul may free wealth managers from rigid annual reviews, focusing on client needs. Discover the future of financial advice in the UK.
FCA CEO Nikhil Rathi says government and parliamentary delays are hampering pro-growth financial reforms. He calls for statutory timetables to speed up Treasury approvals.
Desiree Fixler, who exposed alleged greenwashing at DWS, steps down from the FCA's ESG advisory body. Discover the implications for UK financial regulation.
Bill Kingdom, the influential civil servant who shaped the UK's Financial Conduct Authority, has died at 78. Read about his pivotal role in financial regulation.
Read our review of the dazzling new production of 'Singin' in the Rain' at Manchester's Royal Exchange Theatre, where classic Hollywood meets innovative stagecraft. Book your tickets now!
Mel Brooks' musical 'Young Frankenstein' electrifies Liverpool Playhouse. Read our full review of this monstrously funny and technically brilliant production.
UK regulators have torn up the rulebook for building societies, removing key lending limits to drive growth. Discover how this deregulation will impact mutuals and the housing market.
The Bank of England and FCA join the City Minister in Rochdale to launch a regulatory overhaul and new support unit, aiming to help mutuals and co-operatives grow.
A wave of new rules from the FCA, SEC, and ESMA is set to transform private equity and venture capital by 2026. Discover the key changes and how firms must prepare now.