FCA lifts £100 contactless card payment limit
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.
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£100 Contactless Card Limit Scrapped in UK
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.
WH Smith Investigated by FCA Over Accounting Woes
The Financial Conduct Authority launches an investigation into WH Smith following accounting errors in its US division. CEO resigns as profit forecasts are slashed.
FCA Scraps £100 Contactless Cap, Banks Set Own Limits
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.
FCA increases scrutiny of home and travel insurers
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.
Trump's $10bn BBC Lawsuit: A Threat to UK Media
US President Donald Trump's $10bn lawsuit against the BBC is widely seen as a politically motivated attack. We analyse the absurd legal claims and the potential disaster for the UK's public broadcaster.
BBC to fight Trump's $10bn lawsuit over speech edit
The BBC vows to defend a $10bn lawsuit filed by Donald Trump, who alleges the broadcaster maliciously edited his 6 January Capitol speech. Read the latest on the legal battle.
FCA overhaul could end mandatory annual reviews
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 boss blames Treasury, MPs for slowing deregulation push
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.
ESG whistleblower Desiree Fixler leaves FCA committee
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, FCA Architect, Dies at 78
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.
Regulators Scrap Rulebook to Boost Building Societies
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.
Regulators announce plan to bolster UK mutuals sector
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.
Why 2026 is private markets' regulatory reckoning
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.
Shadow Chancellor criticises FCA for not investigating Treasury
Shadow Chancellor Mel Stride criticises the FCA for not probing Treasury Budget leaks, warning of a dangerous precedent. Read the full details of the political row.
FCA won't probe Rachel Reeves over pre-budget briefings
The Financial Conduct Authority has rejected calls for an immediate investigation into Chancellor Rachel Reeves over pre-budget briefings but will review a Treasury leak inquiry. Full story on the market manipulation claims.
Apex Group to act as intermediary for LSE Pisces market
The London Stock Exchange's Pisces market moves forward as Apex Group is appointed Registered Auction Agent, verifying investors and ensuring compliance for private company share trading.
FCA opens 'safe space' for AI testing in finance
The FCA launches its first AI live testing scheme with NatWest and Monzo. The initiative aims to ensure safe AI deployment in UK financial markets. Read the full story.
68p lawsuit stalls FCA's bond market modernisation plan
A legal battle over a 68p bid has frozen the FCA's bond market data contract, exposing flaws in procurement and delaying vital reforms. Discover the full story and its implications.
FCA lifts motor finance complaints pause ahead of schedule
The City watchdog has ended the freeze on motor finance complaints earlier than planned. Discover the new deadlines and the multi-billion pound implications for lenders and consumers.
JP Jenkins & Sapphire Partner on Pisces Market
JP Jenkins partners with Sapphire Capital, leveraging its new Pisces licence to offer liquidity for private firms like Moju. A major step for UK's private share trading.
FCA to regulate ESG ratings providers in UK
The Financial Conduct Authority will now oversee ESG ratings agencies to tackle transparency and conflict of interest concerns. A consultation is open until March 2026.
FCA pressed to investigate Treasury Budget briefings
SNP demands FCA investigation into Treasury's £20bn fiscal hole claims as OBR reveals no shortfall existed. Read the latest on Budget controversy.
OpenAI denies ChatGPT caused teenager's death
OpenAI faces wrongful death lawsuit after teenager's suicide, claiming ChatGPT misuse. The AI company denies liability while expressing sympathy for family's loss.
FCA investigates WH Smith accounting error
City watchdog makes inquiries into WH Smith's accounting blunder that wiped £600m off market value. Read the latest on the retailer's strategic shift.
FCA Executive Director Sarah Mills Resigns from Regulator
Sarah Mills, the FCA's executive director of consumers and competition, has resigned from her role. Discover the implications for UK financial regulation and what's next.
FCA Consumer Chief Sheldon Mills to Leave Watchdog
FCA executive Sheldon Mills is stepping down after eight years. He will lead a government review into AI's role in consumer financial advice. Discover the implications.
Black Friday BNPL Warning: Regulation Coming 2026
Debt charities warn shoppers about buy now, pay later risks this Black Friday as record numbers seek help. New FCA regulation begins July 2026. Read before you click.
70-year-old US veteran considers lawsuit after ICE arrest
US Air Force veteran Dana Briggs, 70, considers civil lawsuit after charges dropped following arrest and injury at Illinois ICE protest. Read his full story.
Activist Sues Trump Officials Over Alleged Collusion
Mahmoud Khalil files lawsuit demanding release of communications between Trump administration and anti-Palestinian groups following his ICE detention. Read the full story.
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