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Regulation

Regulation

FOS throws out most complaints against advisers

The Financial Ombudsman Service (FOS) threw out two-thirds of gripes against the most complained-about advisory groups in the first half of 2013, figures show.

clock 03 September 2013 •

Regulation

BoE will curb mortgage lending if bubble looms - Carney

The Bank of England will intervene in banks and building societies' mortgage lending if they appear to be stoking a house price bubble, its governor has warned.

clock 28 August 2013 •

Regulation

Private patients pay for lack of competition - Competition Commission

Private Medical Insurance (PMI) premiums are higher than necessary as private hospitals face little competition in local areas across the UK, the Competition Commission (CC) has found.

clock 28 August 2013 •

Regulation

Disability charities brand WCA test 'farcical'

Disability charities have slammed the government's Workplace Capability Assessments (WCA) as ‘farcical' as those with progressive conditions are being advised they could consider a return to work.

clock 27 August 2013 •

Regulation

BoE's Bean: We've sent a 'clear signal' on interest rates

Charlie Bean, the deputy governor of the Bank of England (BoE), has said the Bank has sent a "clear signal" it won't increase interest rates anytime soon as he expressed some surprise at investors' reaction to its position.

clock 27 August 2013 •

Regulation

UK Q2 GDP revised higher as net trade boosts economy

The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics.

clock 23 August 2013 •

Regulation

UK lenders forced into £1.3bn redress for mis-sold card PPI

The Financial Conduct Authority (FCA) has reached an agreement with insurance provider Card Protection Plan (CPP) and 13 high street banks and credit card issuers which will result in a £1.3bn redress scheme for people mis-sold CPP's Card Protection and...

clock 22 August 2013 •

Regulation

Regulatory spotlight could shift to companies' boards

The Financial Conduct Authority (FCA) is likely to apply more scrutiny to companies' boards prior to implementing its new senior person's regime, a consultancy has suggested.

clock 21 August 2013 •

Regulation

Fraud crackdown saved taxpayers £6.5bn, says minister

Measures to cut fraud saved the taxpayer £6.5bn last year, the government has said.

clock 20 August 2013 •

Regulation

MPC members back Carney on forward guidance

Most members of the Bank of England's Monetary Policy Committee (MPC) backed their new governor's policy of forward guidance on interest rates, minutes from the Committee's latest meeting show.

clock 14 August 2013 •
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