Category : Search result: financial turmoil


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.

Auto Collapse Sparks 2008-Style Recession Fears

The dramatic downfall of a major automotive player has triggered alarming parallels to the 2008 financial crisis, raising urgent questions about the UK's economic stability and sending shockwaves through the industry.

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.

Charlie Kirk Ousts Wife Erika from Turning Point USA Board

In a seismic shake-up at the conservative student group Turning Point USA, founder Charlie Kirk has removed his wife and co-founder, Erika Kirk, from the board. The move follows intense scrutiny over the organisation's finances and leadership, sparking in

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.

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