Regulation

The UK CPI inflation rate rose in the year to April, the first increase in ten months, according to the Office for National Statistics (ONS).

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

The Financial Conduct Authority (FCA) has uncovered widespread shortcomings in consumer credit promotions, such as payday loan advertisements.

Bank of England Governor Mark Carney has tried to defuse expectations of an imminent rate hike by saying it would "not be the right tool" to deal with the UK's booming housing market.

The British Insurance Brokers' Association (BIBA) has found insurance advisers in the UK have the most expensive regulatory regime in the world.

Mortgage lenders must not rely solely on the Mortgage Market Review's affordability testing to prevent customers falling into arrears, a mortgage servicer has warned.

Businesses should, as far as is reasonable, make adjustments to support employees who are caring for disabled family members, the Equality and Humans Rights Commission (EHRC) will tell the Court of Appeal today.

Credit waiver experts have rebutted accusations that credit waiver products have restrictive payment exclusion periods and no unemployment cover, while announcing an imminent launch with the first mortgage lender to offer an integral waiver feature.

Following Treasury Select Committee member Andrew Love, calling for Government action on an increasing protection gap in the mortgage sector, protection provider British Money has begun lobbying for an auto-enrolment solution.

The Financial Conduct Authority (FCA) is considering ways it can make it clearer to consumers when they are buying products on a non-advised basis online, as more web-based advice solutions are developed.