Lloyds fined £3.9m over customer treatment failings
The Financial Conduct Authority has slapped Lloyds Banking Group with a hefty £3.9 million penalty for serious failures in its mortgage and loan support for customers in financial difficulty.
Category : Search result: FCA
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has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
UK Contactless Payment Limit Doubles to £200
The UK's financial regulator, the FCA, has officially confirmed a huge increase to the contactless payment limit, raising it from £100 to £200. This landmark decision promises to revolutionise how Britons pay for their shopping, offering greater speed and
UK Contactless Payment Limit Could Be Scrapped
The UK is poised to scrap its £100 contactless payment limit, paving the way for unlimited 'tap and go' spending. This major financial shake-up promises faster checkouts but raises new security questions for consumers.
Contactless Payment Limit Jumps to £100 in UK
Shoppers across the UK are set for a spending revolution as the contactless payment limit is permanently increased from £45 to £100, marking the biggest change since its introduction.
FCA Orders Car Finance Compensation Scheme for Millions
The Financial Conduct Authority has instructed major car finance firms to establish a massive compensation scheme for customers charged inflated interest rates. Discover if you're due a payout.
30M UK Drivers Owed Billions in Car Finance Scandal
A seismic investigation by the FCA into discretionary commission arrangements could see millions of British motorists claim compensation for unfairly inflated car finance payments. Here's how to check if you're affected.
FCA probes Hargreaves Lansdown over fund fee practices
The UK's Financial Conduct Authority launches an investigation into Hargreaves Lansdown's fund manager selection and fee disclosure processes, examining potential conflicts of interest.
Barclays & BoS Face Massive Fines Over Unfair Mortgages
The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers
UK Savings Crisis: Average Easy Access Rate Plummets
Exclusive analysis reveals a growing savings gap in the UK, with high street banks offering paltry returns while the best easy-access deals deliver 25 times more interest. Discover why loyal customers are losing out.
Reform UK to Strip FCA of Banking Powers if Elected
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
Martin Lewis' Urgent Car Insurance Warning For UK Drivers
Money Saving Expert founder Martin Lewis delivers critical advice for millions of UK drivers on how to avoid being overcharged for car insurance ahead of the April price hike.
FCA Warning: Banks Failing Savers on Interest Rates
Exclusive: The Financial Conduct Authority has uncovered a major failure by UK banks to pass on interest rate rises to savers, disproportionately harming vulnerable and older customers. Discover the findings and what it means for your money.
Premier League Players Face Financial Ruin in Investment Scandal
Exclusive investigation reveals how hundreds of Premier League stars lost millions in complex financial schemes promoted by unregulated advisers, with some players facing bankruptcy.
Drax Investigated Over Biomass Sustainability Claims
The UK's Financial Conduct Authority has launched a formal investigation into Drax Group regarding historical statements about its biomass sourcing practices and sustainability credentials.
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
FCA Alert: Protect Your Money From Clone Firm Scams
Exclusive: The Financial Conduct Authority issues an urgent warning as sophisticated 'clone firm' investment scams skyrocket, with criminals stealing millions from UK savers. Learn how to spot the red flags.
FCA Investigates Aberdeen Over Dubai Operations Compliance
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
Savings Crisis: 75% of Top Accounts Vanish
Exclusive analysis reveals a savings crisis as the number of best-buy accounts plummets by 75%, costing UK households billions in lost interest amid the inflation squeeze.
FCA: Millions May Be Owed Compensation – Check Now
The Financial Conduct Authority (FCA) has alerted millions of UK consumers they may be entitled to compensation due to unfair financial practices. Find out if you're affected.
FCA warns of rising financial scams in UK
The Financial Conduct Authority (FCA) has issued a stark warning about increasing financial scams targeting UK consumers. Learn how to spot and avoid these fraudulent schemes.
Neil Woodford fined £2.5m over fund collapse
Former star fund manager Neil Woodford and his investment firm have been fined millions for misleading investors and mismanaging funds, marking a dramatic fall from grace.
FCA cracks down on misleading financial promotions
The Financial Conduct Authority (FCA) has issued new warnings to financial firms over misleading promotions, with 450 alerts issued in just three months. Learn how this affects consumers and firms.
Lloyds reserves £450M over car finance scandal
Lloyds Banking Group sets aside £450 million amid an FCA investigation into unfair car finance commissions, causing shares to drop sharply.
Car finance compensation: Are you owed money?
Millions of UK drivers may be eligible for payouts due to hidden commissions in car finance deals. Here's how to check if you're owed money.
UK car finance scandal: Millions may get compensation
A major investigation into car finance deals could see millions of UK drivers receiving compensation after being mis-sold loans with hidden commission fees.
Martin Lewis: Claim car finance compensation
Money-saving expert Martin Lewis advises UK drivers to check if they're owed compensation for mis-sold car finance deals, following a major FCA investigation.
Supreme Court victory for mis-sold insurance consumers
The UK Supreme Court has ruled in favour of consumers mis-sold insurance, marking a major victory for financial justice. MoneySavingExpert's Martin Lewis calls it a 'watershed moment'.
Car finance compensation: Millions could claim
UK motorists may be entitled to thousands in compensation after the FCA uncovers unfair commission practices in car finance. Martin Lewis explains how to claim.
Car finance scandal may pay billions in compensation
A major financial mis-selling scandal involving car finance deals could see millions of UK drivers eligible for compensation, with payouts potentially reaching billions.
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