Motor Finance Scandal: FCA's £11bn Scheme Faces Backlash
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.
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.
A woman reflects on 25 years of joint family Christmases with divorced parents and step-parents, recalling the surreal moment she found them all in bed together. Discover how this unique dynamic shaped her understanding of love and family.
A roundup of December's key City events, from economic debates at The Ned to a vandalised chophouse and festive networking. Discover the month's pivotal moments.
The UK financial world mourns the loss of several prominent leaders in 2025. Remembering their legacies in banking, regulation, and fintech.
Financial gifts can be the most impactful Christmas presents for children. Discover how to give cash, from Junior SIPPs for babies to prepaid cards for teens, and potentially grow your gift tenfold.
Financial News editor Shruti Chopra receives the prestigious Freedom of the City of London award, recognising her contributions to financial journalism. Discover the ceremony details and its significance.
A top baby name guru from London warns parents about trendy, tricky and famous names they may come to regret. Discover the full list and expert advice here.
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.
A UK lottery winner's £1.2m jackpot turned into a financial nightmare after a simple mistake. Discover the costly tax bill that followed and the crucial lessons for all winners.
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.
Financial News unveils its prestigious 2025 awards, honouring the top executives and emerging talent shaping London's financial landscape. Discover the winners now.
Citi partners with London Stock Exchange Group to integrate Workspace data, aiming to boost efficiency for its 35,000 investment bankers. Discover the strategic move.
A mother who killed her three-month-old baby after losing her temper has been sentenced to nine-and-a-half years in prison. Read the full tragic details of the case from the Old Bailey.
Rising costs from energy to staffing are forcing UK family offices to adapt their strategies. Discover how they are navigating the squeeze and protecting wealth.
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.
Chancellor Rachel Reeves's proposed 'mansion tax' on properties over £5m divides opinion. Is it a fair wealth levy or a spiteful policy? Explore the details and reactions.
The FCA launches a plan to double the mutuals sector, aiming to provide affordable credit and protect vulnerable borrowers from illegal lenders. Could a 'Fair Banking Act' force high street banks to help?
UK banks and lenders set to avoid £2bn in corporation tax on compensation for the motor finance scandal. Ministers urged to close the loophole. Read the full story.
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.
Lloyds Banking Group CEO Charlie Nunn argues post-crisis deleveraging has hampered the UK economy. The Bank of England has now eased capital rules, citing robust bank strength.
Shadow Chancellor Mel Stride warns UK financial sector risks drifting without radical deregulation. Calls for a 'bonfire of rules' to turbocharge City banks after Autumn Budget reprieve.
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
The Bank of England warns of heightened global financial stability risks while easing capital requirements for UK lenders to 13%. Read the full analysis of the FPC's latest report.
NS&I announces two new Premium Bonds millionaires from Cornwall and Norwich. Discover the full list of winners, including those who scooped big prizes with tiny holdings.
Veteran fund management executive Campbell Fleming has been named chairman of Keyridge Asset Management, bringing decades of industry experience to the London-based firm. Read more about this strategic leadership move.
Chancellor Rachel Reeves announces council tax surcharge up to £7,500 for luxury properties. The radical reform begins April 2028. Read the full analysis.
Survey data reveals a growing gender gap in marriage aspirations among young people. Discover why women are increasingly opting out of traditional relationships and what this means for modern partnerships.
The UK government introduces a stamp duty suspension on company shares to attract more IPOs to London, countering competition from New York and European markets.
Discover why 73% of Brits have under £500 saved and how to build a proper emergency fund covering 3-6 months of essential costs. Expert tips for financial security.
A 56-year-old Italian man is under investigation for allegedly disguising himself as his deceased mother to claim her pension. Discover the shocking details of this benefit fraud case.