Insider Trading Suspected in Polymarket US-Iran Ceasefire Bets
Experts identify suspicious betting patterns on Polymarket prediction platform, with $70,000 in wagers suggesting potential insider knowledge of US-Iran ceasefire negotiations.
Category : Insurance
Bank of London Fined £2M for Misleading Regulator
The Bank of London has been fined £2 million by the Financial Conduct Authority for providing misleading information about its capital levels, highlighting regulatory scrutiny in the financial sector.
Dying Without a Will: Impact on Your Partner
Dying without a will means your estate is distributed under strict intestacy rules, which may not benefit unmarried partners. Learn how assets are divided and how to protect your loved ones.
Pre-2021 Car Finance Deals: Millions May Owed Compensation
A major investigation into discretionary commission arrangements has revealed that millions of UK drivers who financed cars before 2021 may have been overcharged. Experts urge motorists to review their agreements for potential compensation claims.
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Guardian Issues Corrections and Recent News Clarifications
The Guardian newspaper has published a series of corrections and clarifications for recent news articles, addressing factual inaccuracies and providing additional context to ensure journalistic integrity and transparency.
Hidden Banking Costs: Your Account May Drain Finances
Many traditional banks offer minimal returns and limited perks, costing customers more than they realize. A new wave of challenger banks is changing the game with better interest rates, cashback rewards, and enhanced customer service.
Friendship Fraud: Scammers Target Lonely Older Adults Online
TSB warns of a rise in 'insidious' friendship fraud on social media, where criminals befriend isolated older people to steal thousands. Learn how to spot and prevent these devastating scams.
FCA Investigates MFS Over £1.3bn Mortgage Scandal
The Financial Conduct Authority has opened an enforcement investigation into Market Financial Solutions following its collapse amid allegations of fraud and a £1.3bn worldwide asset-freezing order against founder Paresh Raja.
FCA Investigates Market Financial Solutions
The Financial Conduct Authority has initiated a formal investigation into Market Financial Solutions, a prominent bridging lender, over potential regulatory breaches.
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FCA Launches Probe Into Collapsed Shadow Bank MFS
The Financial Conduct Authority has initiated an enforcement investigation into Market Financial Solutions following its recent collapse, focusing on regulatory compliance issues.
Hargreaves Lansdown Customers Locked Out of Accounts
Investors at Hargreaves Lansdown face account access issues during volatile markets, unable to trade amid Middle East conflicts and interest rate concerns.
UK Drivers May Claim Car Finance Compensation After Probe
A major investigation reveals millions of UK drivers may have been overcharged on car finance deals before 2021 due to commission arrangements. Learn how to check eligibility for potential compensation claims.
UK Banks Keep £100 Contactless Limit After FCA Rule Change
Major UK banks have decided to maintain the £100 contactless payment limit despite the Financial Conduct Authority scrapping the official cap, citing lack of consumer demand and fraud concerns.
FCA Ends Contactless Limits, Banks to Set Own Rules
The Financial Conduct Authority has removed the £100 contactless spending cap, allowing banks to set their own limits. This change aims to adapt to inflation and technology, though most banks are keeping current limits for now.
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CEO Warns Iran War Could Strain Private Credit Markets
A leading asset management CEO cautions that an extended conflict involving Iran could heighten stress in private credit markets, impacting global financial stability.
Banks Keep £100 Contactless Cap Despite New FCA Powers
Major UK banks have decided against raising the £100 contactless payment limit, despite the Financial Conduct Authority granting them authority to do so, citing insufficient consumer demand for higher caps.
Lloyd's of London Posts £10.6bn Profit, Unveils Efficiency Strategy
Lloyd's of London announces a pre-tax profit of £10.6 billion, marking a significant increase from the previous year, alongside the launch of a new five-year efficiency-focused strategy under CEO Patrick Tiernan.
Middle East Conflict Sparks Exodus of British Lawyers from UAE
Iranian retaliatory strikes in the Gulf region have prompted hundreds of British lawyers to reconsider their lucrative positions in the UAE, with many seeking relocation back to the UK amid safety concerns.
Savings Rates Up to 3.83%: Account Many Overlook
With interest rates low, a fast-growing bank offers up to 3.83% AER on instant access savings, plus cashback, as millions lose money in low-yield accounts.
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Pension Transfer Delays: Providers Take Up to 90 Days
New analysis reveals UK pension providers taking 18 times longer than peers to transfer retirement savings, with some delays stretching to 90 days due to 'sludge practices'.
Martin Lewis: Last Chance for Nationwide £100 Bonus 2026
Martin Lewis highlights crucial steps to qualify for Nationwide's Fairer Share Payment, a potential £100 bonus in 2026, with eligibility deadlines and tips for existing and new customers.
Bank Warns of 'Cruel' Friendship Scams Targeting Elderly
TSB bank reveals shocking cases of friendship fraud where scammers exploit loneliness, with one victim making 60 payments over four years. Experts warn about AI-enhanced tactics and devastating financial losses.
Trust, Not Technology, Is Financial Services' Real Currency
Financial institutions face mounting pressure from outages, data leaks, and fraud. True innovation must prioritize safety, transparency, and reliability to rebuild customer trust in an increasingly digital landscape.
FCA Tightens Cyber Reporting Rules as UK Firms Face Growing Risks
The Financial Conduct Authority has introduced new requirements for financial firms to standardize incident reporting and manage third-party risks, responding to increasing cyber threats and supply chain vulnerabilities across UK businesses.
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Arizona Election Betting Market Sparks Regulatory Debate
Kalshi, a prediction market platform, launches election betting in Arizona, raising concerns over gambling laws and market integrity in political events.
Friendship Fraud Scams Target Lonely Older People, TSB Warns
TSB Bank reveals criminals are exploiting loneliness to scam older adults through fake online friendships, with average losses exceeding £3,100 per impersonation fraud case.
Cash Incentives Keep Brits Loyal to High-Street Banks
Digital banks are gaining ground with 50% of UK adults now using them, but cash switching offers from traditional banks maintain their appeal as primary accounts for many Brits.
EuroMillions Jackpot Resets to £23m After £181m Win
The EuroMillions jackpot has reset to £23 million for tonight's draw following last week's record £181m win. Searches for results are rising as players anticipate the Tuesday evening draw.
Guardian Corrects John Lewis Cashflow and Pay Rise Reports
The Guardian has issued corrections for articles on John Lewis Partnership, clarifying that operating cashflow rose by £63m, not 63%, and a 6.9% pay increase applied only to shop floor staff. Other amended articles are listed.
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Close Brothers Cuts 600 Jobs Over Motor Finance Bill
Close Brothers Group announces 600 job cuts as it confronts a substantial compensation bill from its motor finance division, signaling financial strain in the sector.
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