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Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates
More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year. The new, higher rates are expected to hike payments by an average of £1,800 annually, raising risks of defaults and more outstanding balances with arrears.
Bank of England Under Fire From Leader of the Campaign for Fair Finance
Is the Bank of England up to the job of managing the UK's monetary policy? The leader of The Campaign for Fair Finance Dr Roger Gewolb offered me his views of the UK's central bank.
FCA vs. Crypto: Navigating the UK's Upcoming Regulatory Rules
The FCA's new rules will protect UK consumers from misleading ads promoting high-risk assets or investment opportunities.
UK Rules on Crypto: Will it Affect the Market?
The UK's proposed crypto regulatory framework, similar to the EU's recently approved Markets in Cryptoassets (MiCA) regulation, extends the geographical reach of existing obligations for service providers.
Fiat Chrysler to invest in electric car production in Canada
The company has agreed to invest up to Can$1.5 billion (US$1.1 billion) in southern Ontario's Windsor plant.
Robinhood investment app launching in Britain soon as FCA approval goes through
The popular investment app has been approved by the U.K. Financial Conduct Authority.
Jeep boss takes over Fiat as Marchionne era ended by 'unthinkable' illness
FCA didn't give details about Sergio Marchionne's medical condition after surgery three weeks ago
Barclays CEO Jes Staley's hunt for whistleblower costs him £642,000 in FCA fine
Bank boss has apologised for his conduct, stressing his was a "honest" mistake.
GDPR: The biggest change to data laws in over 20 years but are companies ready?
Last year, financial services companies in the UK reported 17 incidents of data hacking attacks to the regulator, up from just four in the previous year.
UK Treasury mulls regulating cryptocurrency 'whilst not stifling innovation'
The inquiry will formulate a regulatory response to digital currencies from the Government, the FCA and the Bank of England.
Open Banking: New standard brings change and opportunity for innovation
Richard Ransom, Solutions Lead, Bottomline Technologies says Open banking will be a chief innovation catalyst.
FCA and Bank of England surge ahead in Hitachi-hosted TechSprint
The FCA's Christopher Woolard and Oliver Burrows of the Bank of England discuss the Hitachi TechSprint.
Provident Financial's Moneybarn business faces probe over treatment of customers
UK regulator is probing how Moneybarn assesses loan applications and its treatment of customers in financial difficulties.
FCA ponders further action against RBS over mistreatment of small business customers
City regulator's review finds instances of inappropriate treatment on the part of RBS in 92% of the cases it examined.
Labour pledges new law for millions trapped by credit card debt
Interest rate caps would force credit card firms to write off billions.
Watchdog decision to not publish RBS mistreatment report criticised
The FCA's report on Royal Bank of Scotland's restructuring unit was leaked to the BBC last month.
'Plus ça Change'? Britain's equity market regulation in the post-Brexit era
Once the UK is free of "the shackles" of the EU's legal framework it will be free to make substantive changes.
Fiat Chrysler teams up with BMW and Intel to accelerate driverless car development
Memorandum of understanding allows FCA into the self-drive club.
Citigroup follows Barclays in settling US Libor rigging lawsuit
Global bank agrees multimillion settlement to end private antitrust litigation stateside.
EuroFX: UK pyramid scheme collapses after thousands of Asian investors allegedly scammed
Investors enticed with promises of as much as 16% return per month.
Banks urged to make 'fundamental changes' to overdraft charges
FCA chief executive Andrew Bailey calls for radical overhaul as 'status quo is not an option'.
Convicted former Schroders' trader ordered to pay up £350k or face more jail time
FCA says trader already docked for insider trading could be given three more years in jail if he does not meet a confiscation order.
Over half of UK businesses 'lack confidence' in government on Brexit
Getting the right trading arrangements with the EU is the biggest concern for the majority of businesses.
Firms 'could shift jobs away from London by year-end' without Brexit deal
The Financial Conduct Authority presses government to strike transitional Brexit agreement with Brussels.
Will the City bend rules to snare Saudi Aramco IPO?
The Financial Conduct Authority puts forward proposal that would allow firms owned by foreign states to list on London's stock market.
FCA calls for sweeping changes in £7trn investment industry
City regulator urges asset management firms to be more transparent on costs and charges.
Digital money provider Billon replaces pre-paid cards for Philip Morris using DLT
Billon and Philip Morris successfully completed series of pilots in Poland over the past eight months.
Regtech: University College London is automating regulation using blockchain smart contracts
UCL's Professor Philip Treleaven wants to break new ground in UK 'regtech'.
Financial regulator warns access to EU markets is crucial for healthy competition
FCA urges Britain to retain access to EU markets in order to avoid disruption in the sector.
Regtech and open banking explored at Innovate Finance Global Summit 2017
FCA's Chris Woolard and UCL's Professor Philip Treleaven discuss regtech at Innovate Finance event.