Date | Title | Description |
23.05.2025 | UK Gov Funding to Cut Red Tape for Fast-tracked Innovation | New technologies, such as drones delivering vital supplies to AI-powered medical tools, could reach the public faster as the UK Government announces fresh funding aimed at cutting red tape to keep up with innovation.
Opening up the latest r... |
22.05.2025 | Navigating the Waters of Pisces: A New Era for Private Investment | The financial landscape is shifting. The introduction of the Private Intermittent Securities and Capital Exchange System, or Pisces, promises to reshape how private companies access capital. This new framework, set to launch in June 2025, a... |
22.05.2025 | The Red Tape Tango: Business and Government in Step for Growth | In the dance of economic growth, red tape often leads. It twirls and spins, entangling businesses in a web of regulations. But now, the UK government is calling for a new rhythm. The aim? To cut through the clutter and boost growth. However... |
21.05.2025 | The Banking Dilemma: A Cashless Future or a Two-Tier Society? | The landscape of banking in the UK is shifting. Branch closures are rising like the tide, leaving many stranded. A recent report from the Financial Conduct Authority (FCA) reveals that one in four Brits still cling to their bank branches. T... |
21.05.2025 | The Financial Tightrope: Banking Scandals and Housing Market Dynamics | The financial landscape in the UK is a complex web, woven with threads of banking scandals and housing market fluctuations. Recently, two major stories have emerged, highlighting the precarious balance that banks and homeowners must navigat... |
21.05.2025 | The Legal Storm: EY's Battle Over NMC Health Audits | In the world of finance, trust is the currency. When that trust erodes, the fallout can be catastrophic. Such is the case with Ernst & Young (EY) and its auditing of NMC Health Plc, a healthcare giant that crumbled under the weight of f... |
21.05.2025 | The UK is a financial world leader, so why are our numeracy levels so poor? | Poor numeracy skills have real financial consequences. If the City is to remain a financial powerhouse, we must address the nation’s deteriorating maths, writes Andy Haldane on National Numeracy Day
Financial services is a numbers game. Suc... |
21.05.2025 | Pisces has the potential to flourish – if the FCA plays its cards right | New Pisces markets could begin trading before the end of this year, in what the government hopes will be a boost for fast-growing companies in search of a stepping stone before reaching IPO.
The framework, known as the Private Intermittent ... |
21.05.2025 | Firms must be at heart of red tape overhaul, CBI boss says | The government’s efforts to slash red tape and regulation in a bid to boost growth are doomed to fail if they do not consult the very firms that “live and breathe” the UK’s regulatory barriers, according to the boss of Britain’s largest lob... |
20.05.2025 | Lloyds Bank boss: No evidence of harm in motor finance scandal | Lloyds Banking Group’s chief executive faced a grilling from the Treasury Select Committee on Tuesday over the lender’s historical exposure to the motor finance market.
Charlie Nunn, the bank’s boss, said there was “no evidence of harm” fro... |
20.05.2025 | Half of UK millennials set to include crypto in investment portfolios | Almost half (49 per cent) of UK millennials are planning to invest in digital assets such as cryptocurrencies in their investment portfolios, City AM can reveal.
The significant number of millennials backing bitcoin compared to 27 per cent ... |
20.05.2025 | Klarna, Zilch, Clearpay: What does the buy now pay later crackdown mean for UK fintech? | The Treasury’s regulatory shakeup of buy now pay later services is set to reshape the UK fintech landscape and industry leaders have been left with questions.
The UK government will enact legislation that brings buy now pay later firms unde... |
20.05.2025 | One in four Brits cling to bank branches as closures soar | Brits remain keen for in-person banking even as high-street sites shutter, a fresh report from the Financial Conduct Authority has revealed.
One in four current account users still opted to use branch services in the year to May 2024 despit... |
16.05.2025 | The Cash Conundrum: Why Brits Are Stashing Their Wealth | In the heart of the UK, a peculiar trend is unfolding. Britons are hoarding cash like squirrels stockpiling acorns for winter. According to Barclays, a staggering £430 billion sits idle in bank accounts, untouched by the stock market's allu... |
16.05.2025 | One in ten Brits have no cash savings, City regulator says | One in ten Brits do not have any cash savings, the City regulator has warned, concerning signs that hundreds of thousands of people could be unable to cover emergency bills.
New research by the Financial Conduct Authority (FCA) has also sug... |
16.05.2025 | EY’s £2bn legal fight over NMC Health audits | Big Four giant EY faces a mammoth legal fight next week over its auditing of a former London-listed health giant that collapsed after allegations of fraud.
Private hospital operator NMC Health Plc collapsed in April 2020 after being placed ... |
15.05.2025 | Vanquis and FCA: A Tale of Turnarounds and Transformation | In the world of finance, fortunes can shift like sand in the wind. Vanquis Bank, once a titan in the sub-prime lending arena, has faced a storm of complaints and regulatory scrutiny. Yet, analysts are now whispering of a turnaround. Meanwhi... |
15.05.2025 | Why are Brits hoarding cash? | Like Tolkein’s Gollum, Brits like to hoard their assets, opting for the security of cash over equity based investments.
Barclays estimates that £430bn in investable funds—cash exceeding six months’ salary—are held in bank accounts rather th... |
15.05.2025 | Analysts say ‘Buy’ Vanquis shares after payday loan turnaround | Vanquis shares could finally be about to turn a corner, according to one group of City analysts.
The shares peaked at more than 2,600p in 2015, and have since fallen by more than 96 per cent as Vanquis has endured soaring complaints and reg... |
14.05.2025 | FCA to rip up insurance rules in drive for growth | The Financial Conduct Authority has outlined plans to ditch “outdated or duplicated” insurance rules in a bid to help firms reduce costs and drive competition.
The City regulator’s fresh proposals would hand firms greater responsibility ove... |
13.05.2025 | Tokenization: The Future of Ownership and Investment | Tokenization is the new frontier in finance. It’s a digital revolution that transforms how we think about ownership. Imagine turning a house, a piece of art, or even a share in a company into a digital token. Each token represents a stake i... |
13.05.2025 | Treasury meets Monzo and Revolut bosses amid plea for London listings | The Treasury courted top UK fintech names including Monzo and Revolut on Tuesday in hopes of convincing the country’s most valuable unicorns into listing on the London Stock Exchange.
Emma Reynolds, economic secretary to the Treasury, met w... |
12.05.2025 | To deliver growth, Lloyd’s of London’s new CEO has to be ruthless | In order for Lloyd’s of London to prosper, Patrick Tiernan must be ruthless in his leadership, writes Lloyd’s Market Association CEO Sheila Cameron
The arrival of Patrick Tiernan and Charles Roxburgh as the new Lloyd’s CEO and chair is huge... |
09.05.2025 | Will tokenization go mainstream as founders seek alternatives to traditional funding? | Tokenization has become a valuable alternative for founders seeking to avoid the often burdensome traditional VC/PE funding route.
Tokenization of real-world assets (RWA) is the process of converting ownership rights in a real-world asset —... |
07.05.2025 | FCA promises to go ‘harder and faster’ in reforming financial sector | The Financial Conduct Authority (FCA) has promised to go “harder and faster” in overhauling the financial sector amid government pressure to shake up a variety of regulatory burdens on firms.
The watchdog has pledged to “take another look” ... |
07.05.2025 | Andy Haldane: Government’s bid to cut red tape “has little chance of success” | The government’s call for regulators to slash red tape “has little chance of success” unless watchdogs’ mandates are changed in law, according to the Bank of England’s former Chief Economist Andy Haldane.
Speaking at the City AM Awards in L... |
06.05.2025 | New Research Warns Against AI Use in Corporate Reporting | Specialist reporting and advisory firm Falcon Windsor and Insig AI, a technology firm delivering advanced data infrastructure and AI-powered ESG research tools have published Your Precocious Intern, a research paper and practical model for ... |
03.05.2025 | Google’s New Bonus Structure: A Double-Edged Sword for Employees | In the world of tech giants, Google has long been a beacon of innovation and employee satisfaction. However, recent changes to its bonus structure reveal a more cutthroat reality. The company is shifting gears, tightening the screws on unde... |
03.05.2025 | Navigating the Storm: UK Business Leaders and the Crypto Frontier | The landscape of UK business is shifting. A recent survey reveals a wave of frustration among business leaders. They feel the weight of rising costs and stagnant wage growth. The Chancellor, Rachel Reeves, faces a storm of discontent. Despi... |
03.05.2025 | The Eye of the Future: Sam Altman’s Biometric Revolution | In a world where identity is increasingly blurred by technology, Sam Altman is bringing clarity. His latest venture, World, has launched an eye-scanning project in the U.S., marking a bold step into the future of identity verification. This... |
02.05.2025 | The New Frontier: UK’s Crypto Regulations and AI Mapping Standards | The UK is at a crossroads. Two powerful forces are shaping its future: cryptocurrency regulations and advancements in artificial intelligence (AI) for environmental mapping. Both sectors are evolving rapidly, yet they face challenges that c... |
01.05.2025 | Lloyds costs soar as lender increases provisions after tariff turmoil | Lloyds Banking Group’s profit took a hit in the first three months of the year as the domestic-focused bank’s operating costs soared.
The FTSE 100 giant, which includes Lloyds, Halifax and Bank of Scotland, met analyst expectations for pre-... |
01.05.2025 | IoD: Business leaders remain frustrated with Reeves | UK business leaders are less optimistic about wage growth and cost expectations remain high, a new survey has suggested, in signs that Chancellor Reeves will continue to face a “strong sense of frustration” from company bosses.
The Labour g... |
01.05.2025 | UK Drafts Crypto Law in Line With US Regulations, Though Not With Europe | UK Chancellor Rachel Reeves. Image: HM Treasury
The UK government has published draft legislation that will bring cryptoassets under the remit of existing financial regulations, aligning with the US. This deviates from the EU approach of cr... |
30.04.2025 | Britain at risk of losing ground to rival fintech and crypto hubs, execs warn | Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t work to address pressing challenges with regulation and funding, industry leaders say.
The country’s finance watchdog has faced critic... |
29.04.2025 | UK announces draft rules for crypto industry, touts greater collaboration with U.S. | U.K. Finance Minister Rachel Reeves on Tuesday announced plans for a “comprehensive regulatory regime for crypto assets.”
The U.K.’s Treasury published draft rules aimed at bringing crypto exchanges, dealers and agents into the regulatory f... |
29.04.2025 | Chancellor Announces New Rules for UK Crypto Firms | Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new rules laid out by the UK Government in the hope of boosting investor confidence and protecting consumers, while driving sustained economic growth.
At ... |
28.04.2025 | HSBC and Barclays shareholders eye returns as tariffs cloud banks’ reports | The FTSE 100’s ‘Big Five’ banks are gearing up for first-quarter results season – and shareholders will be eyeing how lenders set the tone for the year ahead.
HSBC will kick off reports on Tuesday, followed by Barclays on Wednesday and Lloy... |
24.04.2025 | BitradeX: A New Player in the Digital Asset Arena | In the bustling world of digital assets, a new contender has emerged. BitradeX, a London-based startup, recently secured £12 million (approximately $15.9 million) in Series A funding. This investment, led by Bain Capital, marks a significan... |
24.04.2025 | FCA vows to slash red tape by 70 per cent for investment firms | The Financial Conduct Authority (FCA) has laid out new rules as it bows to government pressure to slash the amount of red tape on investment firms.
The move, designed to streamline what types of funds investment firms must hold to absorb lo... |
23.04.2025 | Ex-City minister calls for ‘urgent No10 summit’ with bosses and watchdogs | A former City minister has called on the Prime Minister to convene an “urgent No10 summit” with the City of London and financial watchdogs in a bid to boost capital markets.
During Prime Ministers’ Questions (PMQs), the Conservative MP John... |
23.04.2025 | BitradeX Raises $15.9M Series A | Listen to this article
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BitradeX, an AI-powered digital asset trading platform, this week announced the successful completion of its £12 million ($15.9 million) Series A funding round. It was led by Bain Capital. T... |
19.04.2025 | Reeves: Cutting ties with China would be ‘foolish’ | Chancellor Rachel Reeves has said it would be “foolish” to stop engaging with China.
Reeves is due to hold talks with the US next week amid efforts to strike a trade deal, which the UK hopes can help soften the brunt of Donald Trump’s tarif... |
17.04.2025 | Mark Kleinman: Is it Rathi vs Woods in governor race? | Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column
And so it came to pass. A month after I wrote in this column that Nikhil Rathi was likely to stay on as chief executive of the ... |
17.04.2025 | HSBC, Barclays, Lloyds: Lenders bank on interest rate cut as mortgage ‘price war’ heats up | Top UK lenders are offering more mortgages to prospective house buyers, the Bank of England has revealed, as falling interest rates stir up a “price war” on the high street.
The Bank’s credit conditions survey revealed that the burgeoning s... |
16.04.2025 | The UK’s cyber blindspot lies with its SMBs | Small and medium sized businesses (SMBs) in the UK are facing an escalating cyber security crisis, experts have warned.
According to Hugues Foulon, chief executive of Orange Cyberdefence, cyber attacks on SMBs have surged by 53 per cent, ye... |
16.04.2025 | FCA to rip 140 pages out of handbook in deregulation drive | The UK’s financial watchdog has vowed to rip scores of pages from its handbook as it slashes red tape in a drive to boost growth.
The Financial Conduct Authority (FCA) said as many as 140 pages will be removed from the lengthy handbook, as ... |
15.04.2025 | The Ripple Effect: How Regulatory Challenges Shape the Lending Landscape | The financial landscape is a complex web, where each thread pulls on another. Recent reports highlight the struggles of specialist lender S&U, whose profits have taken a hit due to ongoing issues in the motor finance sector. Meanwhile, ... |
15.04.2025 | Specialist lender S&U’s profits dragged down by motor finance | Motor finance and specialist lender S&U saw annual profits tumble as woes from the car mis-selling scandal linger.
Pre-tax profit for the financial year ending January 31 2025 fell to £24m, compared to £33.6m in the previous period.
Imp... |
15.04.2025 | Britain's financial watchdog sets up in US and Asia to attract firms to UK | LONDON : Britain's Financial Conduct Authority has appointed staff in the United States and the Asia-Pacific region for the first time, to help overseas firms to enter the British market and boost exports of UK financial services, the watch... |
14.04.2025 | Financial Conduct Authority: Lenders ‘unclear’ on bereavement policy | Lenders “can improve” their treatment of bereaved customers, the Financial Conduct Authority has said.
The City watchdog has published a framework outlining good and poor practice to help firms “provide the right support” to consumers who a... |
11.04.2025 | Shein's IPO: A Double-Edged Sword Amidst Tariff Turmoil | Shein, the fast-fashion giant, is on the brink of a significant leap. The company has received preliminary approval from the Financial Conduct Authority (FCA) to float on the London Stock Exchange. This is a pivotal moment for Shein, a bran... |
11.04.2025 | Shein gets the green light from City watchdog for London lPO | Fast fashion retailer Shein has received preliminary approval from the City watchdog to float on the London Stock Exchange.
Early last year, the retailer was reportedly poised to list in London for around $50bn, and last month the Chinese-f... |
10.04.2025 | The Shifting Sands of UK Regulation and Employment Data | In the UK, the landscape of employment data and financial regulation is undergoing a seismic shift. The Office for National Statistics (ONS) is grappling with challenges that threaten the integrity of its Labour Force Survey (LFS). Meanwhil... |
10.04.2025 | Nikhil Rathi reappointed FCA chief | Nikhil Rathi will be chief executive of the Financial Conduct Authority (FCA) for another five years, leading it on its new directive from the government to slash unnecessary and duplicated regulation, the Chancellor has confirmed.
Rathi—a ... |
10.04.2025 | UK financial watchdogs Indian-origin CEO re-appointed for second term | London, Apr 10 (PTI) Nikhil Rathi, the Indian-origin chief executive of the UK’s Financial Conduct Authority (FCA), was on Thursday re-appointed to his post for a second term by the Chancellor of the Exchequer Rachel Reeves.
Describing Rath... |
09.04.2025 | UK Businesses Stand Firm on DEI Amid US Backlash | In a world where corporate policies often sway like leaves in the wind, UK businesses are showing remarkable resilience. A recent survey reveals that British firms are not budging on their diversity, equity, and inclusion (DEI) initiatives,... |
08.04.2025 | Revolut handed £3m fine for money laundering control ‘shortcomings’ | UK fintech Revolut has been fined €3.5m (£3m) by the Bank of Lithuania for inefficiencies in its money laundering control.
The neobank was blasted for “violations and shortcomings in the monitoring of business relationships and [transaction... |
08.04.2025 | Response to the discussion paper on reviewing access to RTGS accounts for settlement | 1: Executive summary
Expanding RTGS access can deliver financial stability benefits while enabling greater competition and innovation in payments. Access to central bank money – the safest form of money – eliminates settlement and counterpa... |
08.04.2025 | British firms sticking to DEI policies despite Trump crackdown | UK business leaders are not adjusting their approach to diversity, equity and inclusion (DEI) despite many high profile American counterparts rowing back on their policies in the face of pressure from the Trump administration, a survey has ... |
04.04.2025 | Close Brothers shares crash as analysts expect ‘refined’ motor finance ruling | Shares in FTSE 250 lender Close Brothers fell as much as eight per cent on Monday as the landmark motor finance hearing came to a close.
At the Supreme Court case, Close Brothers attempted to overturn the Court of Appeal’s October ruling th... |
04.04.2025 | UK fintech Wise eyes FTSE 100 listing | Money transfer business Wise said it was consulting with shareholders on a potential FTSE 100 listing.
The fintech said it would need to amend parts of its articles of association and receive approval from the Financial Conduct Authority to... |
02.04.2025 | “Why do 90% of people lose money when trading cryptocurrencies The truth about the profits of cryptocurrencies revealed.txt?” | Share
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Pain points of traditional cryptocurrency trading:
Emotional trading (FOMO chasing up, panic selling)
Need to watch the market 24 hours a day, high pressure
High handling fees + slippage losses
Advantages of PF... |
01.04.2025 | The Motor Finance Showdown: A Legal Storm Brewing | The motor finance industry stands on the brink of a seismic shift. A legal battle is brewing that could reshape the landscape of lending and insurance. At the heart of this storm are two major players: Close Brothers and Firstrand Bank. The... |
01.04.2025 | Motor finance: Close Brothers stock falls as banks face judgment day in Supreme Court case | Car dealers do not owe a fiduciary duty to customers when arranging finance, the Supreme Court heard Tuesday morning in opening remarks of the landmark motor finance case.
Mark Howard KC argued that exercising judgement in pre-selecting fin... |
01.04.2025 | UK has become the epicentre of WhatsApp scams in Europe | The UK has become the epicentre of WhatsApp scams in Europe, with British consumers losing more money on the platform than in any other country.
Analysis compiled by Revolut revealed that in 2024, WhatsApp fraud accounted for 21 per cent of... |
01.04.2025 | Lenders face judgment day in motor finance Supreme Court battle | The Supreme Court this morning has heard in the motor finance case that car dealers do not owe a fiduciary duty to customers when arranging finance.
Mark Howard KC argued that exercising judgement in pre-selecting finance options does not i... |
28.03.2025 | The Digital Identity Race: London’s Call to Action | The digital age is a double-edged sword. It offers convenience but also invites chaos. The UK stands at a crossroads. A recent report from EY and the City of London Corporation sounds the alarm. Without a robust digital verification system,... |
28.03.2025 | Santander becomes first major lender to loosen mortgage rules | Santander has become the first major UK lender to relax its mortgage rules following a nudge from the Financial Conduct Authority (FCA).
Homebuyers could be able to borrow an extra £35,000 on a mortgage under the changed rules.
The UK’s fou... |
28.03.2025 | Billions on the line: Legal showdown over motor finance set to decide lenders’ fate | Lenders swim in shark-filled waters, with their fate in the hands of five Lord Justices as parties prepare for a showdown over motor finance on Tuesday.
Like any typical day, the Court of Appeal hands down its judgments, but on one particul... |
27.03.2025 | Europe’s Defense Dilemma: Can It Break Free from U.S. Ties? | Europe stands at a crossroads. The continent is ready to invest billions into its defense sector. Leaders are eager to bolster local companies. Yet, the shadow of American defense giants looms large. The challenge is clear: can Europe decou... |
26.03.2025 | The Final Gambit: Traders Take Their Fight to the Supreme Court | In the world of finance, few scandals have left a mark as deep as the rate-rigging scandal that erupted in 2012. It was a storm that shook the foundations of trust in banking. Now, former traders Tom Hayes and Carlo Palombo are preparing fo... |
26.03.2025 | Spring Statement 2025: City praises potential ISA reforms | Chancellor Rachel Reeves confirmed in the Spring Statement that reforms to Individual Savings Accounts (ISAs) are on the horizon, a statement that has been welcomed by the investment industry in the City of London.
“The government is lookin... |
25.03.2025 | Mis-Sold Your Pension? How to Claim Compensation in the UK | Share
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Pensions are meant to be a cornerstone of financial security, a safety net for your retirement years. But what happens when that safety net is compromised? For many in the UK, the harsh reality is that they’ve ... |
25.03.2025 | The FCA will boost growth by being a smarter regulator | The Financial Conduct Authority is prioritising growth and fighting financial crime as chief executive Nikhil Rathi unveils a new five-year strategy
Tomorrow the Chancellor will deliver her Spring Statement. Among the blizzard of figures, i... |
25.03.2025 | FCA chief vows to support growth agenda ‘with urgency’ | The chief executive of the Financial Conduct Authority (FCA) has said the watchdog is “going so much further” on its mission to boost growth in the UK, amid pressure from the government for regulators to cut red tape.
Writing in City AM thi... |
25.03.2025 | City regulator faces grilling on Treasury’s growth agenda | The Financial Conduct Authority (FCA) was grilled by the Treasury Committee on Tuesday after it unveiled its new five-year strategy.
Members of the committee questioned the gap between the government’s growth agenda and how the FCA was prep... |
24.03.2025 | Former City traders set for Supreme Court showdown | Former City traders convicted as part of the rate-rigging scandal are playing their last remaining card this week by taking their case to the Supreme Court.
The scandal arose in 2012 when banks were discovered to be falsely inflating or def... |
24.03.2025 | Whatever business you want to do, do it in London | The Prime Minister is right to focus on regulating for growth, not just to prevent risk, but this must be complemented by a change in mindset for British businesses, says Alastair King
It was heartening to read the Prime Minister’s recent c... |
24.03.2025 | Financial watchdog to push savers to take more risk | The Financial Conduct Authority (FCA) is set to encourage retail investors to up their level of risk when managing their savings, as part of its mandate to support growth in the UK economy.
The watchdog has drawn up the plans as part of a n... |
23.03.2025 | Banks turn to AI to lead fraud prevention efforts | As Britain’s biggest banks scale up their technology, lenders are turning to AI to fight fraud, a new report has found.
NTT Data’s ‘Banking Trends 2025’ report found over half of UK banks thought generative AI was key to fraud prevention.
L... |
21.03.2025 | FCA to scrutinise whether pure protection market provides fair value to consumers | The FCA has launched a market study into how well the distribution of pure protection insurance products – which support families with financial commitments if someone becomes critically ill or dies – is working for consumers.
In 2023, arou... |
21.03.2025 | The FCA must continue work on cutting card fees | The Payment Systems Regulator was doing vital work on reducing unfair card fees that are hammering retail. Now the FCA must pick up where it left off, says Tom Ironside
In their recently published report into scheme and processing card fees... |
21.03.2025 | Analysts downgrade Close Brothers’ ‘beaten up’ shares | Analysts have said Close Brothers shares are worth 340p – a 20p downgrade from their previous price target.
The lender suffered a profit hit in its half-year results, plunging to a £104m loss.
A £165m provision for motor finance payouts dro... |
20.03.2025 | City regulator appoints Asia-Pacific director in growth push | A top director at the Financial Conduct Authority (FCA) will head up a new role in Asia as part of the regulator’s bid to boost growth, City AM has learned.
Camille Blackburn, who is currently the director of wholesale buy-side at the regul... |
20.03.2025 | FCA fines London Metal Exchange £9.2m over 2022 nickel volatility | The Financial Conduct Authority handed a landmark £9.2m fine to the London Metal Exchange after it failed to prevent extreme volatility in the nickel market in March 2022.
In its first ever enforcement action against an investment exchange,... |
19.03.2025 | The Rising Tide of Fraud: UK Fintechs Under Siege | The UK fintech landscape is facing a storm. Fraud is rising like a tide, threatening to drown businesses. A recent report from Alloy paints a grim picture. Seven in ten fintech firms report a surge in fraud. The numbers are staggering. Near... |
19.03.2025 | UK fintechs sound alarm on spike in organised crime | Seven in ten UK fintechs said fraud volumes in their business shot up over the last year, according to new research.
Alloy’s State of UK Fraud Report stated 79 per cent of UK fintech firms lost at least £500,000 to fraud in the 12 months to... |
19.03.2025 | Reeves needs to make ‘long overdue’ changes to spending, CBI says | Chancellor Rachel Reeves has been urged to make “long overdue” changes to government spending as the Confederation of British Industry (CBI) demanded greater investment in innovation.
The Chancellor has previously said she is willing to “fi... |
18.03.2025 | Cutting the Red Tape: A New Era for British Business | In a bold move, the UK government is gearing up to cut the red tape that has long strangled businesses. Chancellor Rachel Reeves is set to meet with key regulators to unveil a plan aimed at slashing regulatory costs by a staggering 25%. Thi... |
18.03.2025 | Analysts put Close Brothers shares ‘under review’ as stock plummets | Peel Hunt analysts placed Close Brothers shares ‘under review’ after the banking group suffered a £104m loss in the first half of its 2025 financial year.
The lender said losses were driven by the £165m reserved for potential motor finance ... |
18.03.2025 | Fintech unicorn council joins Revolut and Zilch bosses for Treasury meeting | Britain’s top fintech officials met Rachel Reeves on Tuesday morning in the Chancellor’s latest financial summit to boost economic growth.
The co-chairs of Innovate Finance’s Unicorn Council for UK Fintech joined leading executives at the T... |
18.03.2025 | FCA Consultation on Public Offers and Admissions to Trading Closes, Winterflood Advocates Allowing Retail Investors Access to the Bond Market | The UK Financial Conduct Authority (FCA) has closed on a consultation that discusses changes to public offers and admissions to trading in the UK. Policymakers are looking to improve securities markets in the UK – both public and private. A... |
18.03.2025 | MHA: Watchdog opens probe over audits of folded construction firm | The accountancy watchdog has launched an investigation into MHA, the UK arm of Baker Tilly, for its audit of a construction company in administration.
The Financial Reporting Council (FRC) revealed Tuesday morning that it has commenced a pr... |
17.03.2025 | I’ll cut regulation and unleash the animal spirits of the private sector | In an exclusive article for City AM, the Prime Minister says “it is an outrage that government does not know how much it costs business to comply with the regulations imposed on them” and declares that his “will be the first government to b... |
17.03.2025 | What was the Office of the Regulator of Community Interest Companies? | The Office of the Regulator of Community Interest Companies is the latest (and perhaps the most obscure) victim piled upon the government’s bonfire of quangos.
First there was the Payment Systems Regulator, which was rolled into the Financi... |
17.03.2025 | Reeves to meet regulators as Starmer pledges to cut red tape | Rachel Reeves will meet with regulators on Monday, as the government sets out to cut the cost of regulation on businesses by a quarter.
The Chancellor has summoned eight regulators to Number 11 Downing Street, including the Financial Conduc... |
17.03.2025 | Crispin Odey banned from financial industry | Former hedge fund manager Crispin Odey has been fined £1.8m and banned from working in the financial services industry by the Financial Conduct Authority.
The financial watchdog cited Odey’s “lack of integrity” in their decision after he at... |
17.03.2025 | Reeves ramps up pressure on regulators in plan to slash red tape | Chancellor Rachel Reeves has summoned regulators to Downing Street today as part of the government’s plan to slash red tape.
At the meeting, Reeves will announce further detail on how the government will be cutting regulations, while settin... |
17.03.2025 | The Spring Statement is an opportunity to secure the UK’s economic future | The Chancellor should prioritise pension reform, enhanced use of digital verification and attracting FDI to kick start growth in the Spring Statement, says Chris Hayward
The Chancellor has vowed to kick-start the economy, and the upcoming S... |