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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
SNP demands FCA investigation into Treasury's £20bn fiscal hole claims as OBR reveals no shortfall existed. Read the latest on Budget controversy.
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.
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 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.
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.
The Financial Conduct Authority investigates 20 asset management firms for potential anti-money laundering failures. Discover the implications for UK financial regulation.
The Financial Conduct Authority reveals a consolidated tape for UK equities could deliver £154m annual savings to traders while enhancing market transparency. Discover how this reform could transform London's financial landscape.
The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.
Aquis Exchange receives FCA approval to launch private company market, challenging LSE dominance. New platform aims to boost UK capital markets competitiveness.
The Financial Conduct Authority has applied to the High Court to restart the bond tape contract after procurement challenges. Read the latest developments.