EY Avoids £2bn Judgment in NMC Health Settlement
The £2bn legal action against EY over its auditing of collapsed FTSE 100 firm NMC Health has been withdrawn following a confidential settlement agreement between administrators and the Big Four firm.
Category : Insurance
UK Banks Offer £150-£250 Cash for Switching Accounts
Major UK banks including Lloyds, Santander, and TSB are offering cash incentives of £150 to £250 for customers who switch accounts, with the process taking as little as 10 minutes.
Insurer Refuses Payout for Wedding Cancelled Due to Cancer
A London couple lost £22,000 after their insurer refused to cover wedding cancellation costs when the groom's brother was diagnosed with terminal brain cancer just days before the ceremony.
FCA Reviews 250+ Asset Managers in Money Laundering Probe
The Financial Conduct Authority is examining more than 250 asset managers as part of a wide-ranging money laundering investigation, focusing on compliance and risk controls.
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Guardian Corrections: Water Bills, Film Soundtrack Amended
The Guardian has published corrections and clarifications regarding several articles, including water bill costs in England and Wales and the soundtrack for The History of Sound film.
Secure Disposal of Sensitive Documents: Expert Tips
Learn essential methods for shredding and destroying sensitive documents to protect your personal information from identity theft and fraud risks.
UK Banks Offer £250 for Switching Accounts
Major UK banks including Lloyds, Santander, and Nationwide are offering cash incentives up to £250 for customers who switch current accounts, with varying terms and deadlines.
UK Brothers' App Accused of Aiding Iran Regime Surveillance
The creators of Gap Messenger, an Iranian alternative to Telegram, live in West Sussex while their app allegedly shares user data with Tehran's authorities during internet crackdowns.
Private Markets: Next UK Wealth Mis-Selling Scandal?
Experts warn that private market investments could become the next mis-selling scandal in UK wealth management, as high fees and illiquidity pose risks to retail investors.
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Santander Loses 20,000 Customers in Switching Surge
Santander lost nearly 20,000 current account customers in three months as Nationwide topped switching tables with 41,450 gains, new CASS data reveals.
Citi and Goldman ETF Platforms Face Challenges
Major banks Citi and Goldman Sachs encounter difficulties with their ETF platforms, as size fails to ensure success in the competitive financial market.
Allianz Partners with Tennis Star Jannik Sinner
Insurance giant Allianz announces multi-year partnership with Wimbledon champion Jannik Sinner, who becomes global brand ambassador supporting his foundation.
Santander Axes 44 Branches, 291 Jobs at Risk
Santander announces closure of 44 UK branches, putting 291 jobs at risk, as digital transformation accelerates amid industry-wide branch network reductions.
St James's Place Hits £220bn Funds as New Fees Prompt Client Questions
St James's Place has exceeded £220 billion in funds under management, a significant milestone, while facing client inquiries over its new fee structure and charges.
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Martin Lewis: Best Time to Renew Car Insurance
Money expert Martin Lewis shares crucial advice on when to renew car insurance for the cheapest quotes, revealing how timing can nearly halve your premium costs.
Nationwide Leads Bank Switching, Santander Falls
Nationwide Building Society secured the highest net gains in current account switchers during Q3 2025, while Santander faced significant losses amid ongoing technical issues across the banking sector.
Zillennial Scammed by Bank Text: A Warning
A digitally literate young adult shares how a holiday text scam led to a $500 loss, highlighting that cybercrimes target everyone, not just the vulnerable.
BNP Paribas AM Eyes Private Credit Risks
Europe's largest alternatives manager, BNP Paribas Asset Management, is cautiously navigating private credit risks following its merger with Axa IM, amid market concerns.
Investors Warn of Mis-Selling Risk in Private Markets
Financial experts caution retail investors about mis-selling risks as they increasingly pour money into private markets, highlighting transparency and suitability concerns.
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Bank of Scotland Fined for Russia Sanctions Breach
Bank of Scotland has been fined £160,000 by UK regulators for processing payments to a sanctioned individual during Russia's war in Ukraine.
Protect Your Pension: Key Tips for Turbulent Times
Expert advice on managing your pension through life events, from auto-enrolment to parental leave, to ensure long-term financial stability and avoid costly mistakes.
Security Bosses Protect West End Lawyers from Phone Snatchers
Law firms in London's West End are hiring specialised security bosses to shield lawyers from escalating street crime, including phone snatching and theft, amid growing safety concerns.
ISA, Pension or Mortgage Overpayment? Expert Weighs In
Fidelity specialist Marianna Hunt examines whether to invest in an ISA, contribute to a pension, or overpay a mortgage amid current interest rate expectations, highlighting key financial considerations.
UK Vet Sector Reforms Aim to Cut Pet Care Costs
New government proposals require UK veterinary practices to publish clear pricing for treatments, aiming to reduce costs for pet owners after CMA investigation found fees rising at double inflation.
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LA Wildfire Insurance Crisis Exposes Industry Flaws
After devastating wildfires in Los Angeles, homeowners face insurance delays and lowball offers, highlighting a broken system amid climate volatility and record industry profits.
Brand Beckham's Resilience in Family Scandal
Experts analyse how David and Victoria Beckham's strategic silence and decades of brand-building are protecting their empire from Brooklyn's explosive allegations.
Post-9/11 Banking Reforms Freeze Out Innocent Citizens
A Welsh farm project reveals how anti-terrorism banking measures disproportionately target Muslim communities, creating financial exclusion while failing to stop terrorism.
Switzerland to Keep Wealth Crown, Says Lombard Odier
The UK head of Lombard Odier asserts Switzerland will maintain its global wealth management leadership, citing political stability and expertise.
PMI Claims Rise as City Workers Seek Quicker Care
Diagnostic tests top private medical insurance claims as City workers increasingly use coverage for everyday health needs amid NHS waiting lists, with mental health services also prominent.
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Bank of Scotland Fined £160k for Putin Ally Sanctions Breach
Bank of Scotland has been fined £160,000 by UK sanctions watchdog OFSI after opening an account for Dmitrii Ovsiannikov, a sanctioned Russian official and Putin ally.
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