Category : Search result: financial news


Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Japan Courts Wall Street Firms in Challenge to London

Japan's ruling Liberal Democratic Party, under former Prime Minister Shinzo Abe's influence, is actively persuading major Wall Street firms to establish operations in Tokyo, creating new competition for London's financial dominance.

Digital Money: The Regulatory Challenge Ahead

As cryptocurrencies and central bank digital currencies transform global finance, regulators face unprecedented challenges in maintaining stability and protecting consumers in this new financial frontier.

9 Essential Money Checks Before 2025

Financial experts reveal the crucial money audits you need to conduct now to protect your finances from common pitfalls and boost your savings potential.

Barefoot Investor Crisis: La Trobe Account Frozen

Scott Pape's Barefoot Investor community faces a major crisis as La Trobe Financial abruptly freezes its popular Cash Management Account, blocking access to funds for more than 120,000 account holders.

Expert: One Scenario Could 'Wipe Out' Your Pension

A leading financial expert issues a stark warning about a single economic event that could devastate pension pots across the UK. Discover what it is and how to protect your retirement savings.

FCA censures Admiral over PPI complaint mishandling

The Financial Conduct Authority has publicly censured Admiral Insurance for systematically mishandling PPI complaints, failing to properly investigate claims, and unfairly rejecting customers.

Burnley Sue Everton for £50m in Relegation Legal Battle

Burnley FC initiates a staggering £50 million lawsuit against Everton, alleging financial misconduct led to their relegation. The legal battle, set to commence in two years, follows the Toffees' historic points deduction for breaching Premier League spend

FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

Cashrewards Shuts Down: Urgent Warning for Australians

Cashrewards, a major Australian cashback platform, has abruptly ceased operations. Customers are urgently advised to withdraw their funds as the company enters administration, sparking concerns over unpaid cashback and member balances.

UK Lawsuit Hits Fox News & Newsmax Over Election Claims

A major UK-based financial backer is suing Fox News and Newsmax in a landmark High Court case, alleging massive financial losses due to the networks' promotion of baseless 2020 US election fraud claims. The lawsuit could set a precedent for media accounta

Why Britain Isn't Ready to Ditch Cash

As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.

FCA Reviews Rules as Top Enforcer Joins Hedge Fund

The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul

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