The Payments Association urges social media platforms like Meta and X to contribute financially to combating online fraud, as scam ads generate billions in revenue while banks shoulder reimbursement costs.
Major UK banks are engaging risk consultants to develop contingency strategies for Middle East operations amid regional instability, focusing on geopolitical risks and operational resilience.
Savings expert Anna Bowes explains the laddering strategy to earn five-year fixed interest rates while having a portion of cash become available penalty-free each year.
Amundi, Europe's largest asset manager, warns investors against overreacting to the contained Middle East conflict, emphasizing long-term economic fundamentals and diversification strategies.
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Insurance giant Aviva reports £2.2bn operating profit, achieving 2026 targets early. Direct Line acquisition contributed £174m, with £225m in expected synergies by 2028.
FTSE 100 insurer Admiral has announced a 16% rise in pre-tax profits to £958 million, driven by strong UK motor performance and strategic diversification into commercial insurance and technology.
Aviva has exceeded its 2026 wealth management targets ahead of schedule, driven by £10.9 billion in net inflows, signaling strong growth in its financial services.
Australian petrol retailers are under fire for alleged price gouging as fuel costs surge due to the Iran conflict, sparking consumer outrage and regulatory scrutiny.
The CEO of Royal London Asset Management outlines a strategic push for bolt-on acquisitions to fuel global expansion, focusing on enhancing investment capabilities and market reach.
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Financial institutions are intensifying emergency preparedness with fire drills as the persistent ban on WhatsApp continues to challenge compliance teams, highlighting operational strains in London's banking sector.
President Trump's proposal for US-backed insurance and naval escorts in the Persian Gulf has not prevented soaring maritime premiums, with industry experts warning the plan could increase risks rather than reduce them.
Millions of UK drivers may receive £700 compensation in 2026 under new FCA rules for mis-sold car loans, with a final decision pending after industry feedback.
The Financial Conduct Authority announces a redress scheme for drivers mis-sold motor finance, with payouts expected this year following a Supreme Court ruling on commission disclosure failures.
Wealth management firm Quilter announced record net inflows of £8.7 billion and increased dividends as clients increasingly seek personalized financial advice amid tax changes.
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FTSE 100 insurer Beazley reports a 20% profit drop to $1.14bn while navigating Zurich's £8bn acquisition and a strategic pivot to Bermuda's insurance market.
Donald Trump orders federal insurance for maritime trade after major insurers withdraw war-risk coverage from the Persian Gulf, threatening global energy supplies.
The Financial Conduct Authority is reconsidering its controversial motor finance compensation scheme following over 1,000 industry responses, potentially altering the £11bn payout structure affecting millions of consumers.
Lloyds Banking Group emerges as the frontrunner in the competitive bidding for Aegon UK, with multiple financial institutions vying for the acquisition. The move signals strategic expansion in the UK insurance and pensions sector amid market consolidation
The Telegraph has been reprimanded by press watchdog Ipso for publishing a fabricated article about a banker's financial struggles with private school fees. The newspaper issued a standalone apology after failing to verify details.
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A couple in their late 60s with a £550,000 home explores equity release alternatives to downsizing, weighing pros, cons, and inheritance impacts for their adult children.
Paying off a mortgage can unexpectedly lower your credit score due to algorithmic quirks in credit assessments. Experts explain why this happens and why it's often temporary.
Escalating tensions in the Middle East, including recent Iranian attacks, are raising security concerns for British finance professionals who relocated to the UAE, potentially impacting London's financial sector.
Zurich Insurance Group has agreed to acquire FTSE 100 insurer Beazley for $10.9 billion, creating a global specialty insurance powerhouse headquartered in London.
A leading City of London law firm has engaged specialist security consultants to safeguard its employees working in the volatile Middle East region, amid escalating geopolitical tensions.
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Wealth management firms in the Middle East are relocating staff and assets to secure locations due to regional instability, while maintaining client services and operations.
Major maritime insurers have suspended war-risk coverage for vessels entering the Persian Gulf following conflict escalation, jeopardizing 20% of global oil and LNG shipments through the Strait of Hormuz.
The Guardian newspaper has published a list of corrections and clarifications for articles from March 2026, addressing factual errors and providing additional context to ensure journalistic accuracy.
Katharine Braddick, a Barclays advisor and former Treasury director, will become CEO of the Prudential Regulation Authority in June, signaling a growth-focused approach in UK financial policy.
Savers are urged to compare options as TSB, Barclays, and eight other banks plan interest rate reductions in March, with some rates falling as low as 1%, potentially costing hundreds in lost interest.
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Nationwide Building Society may pay £100 bonuses to members in 2026 under its Fairer Share scheme. Learn eligibility criteria, deadlines, and expert tips from Martin Lewis to qualify.
