The Financial Conduct Authority has announced a landmark shift in the regulation of contactless card payments in the United Kingdom. From 19 March 2026, the long-standing £100 cap on contactless
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The UK government has confirmed the introduction of a ban on reselling tickets for profit, marking a significant shift in its stance on the controversial secondary ticket market. This legislation
O2’s surprise announcement of a steep monthly price hike has ignited calls for regulatory action, prompting the UK Government to push for greater protections for consumers. Technology Secretary Liz Kendall
UK regulators are intensifying their efforts to protect consumers amid a surge of claims management companies and law firms seeking a slice of billions in car finance compensation. Recent actions
The Financial Conduct Authority has ordered car insurers to pay out more than £200 million in compensation to 270000 drivers after uncovering a widespread practice of undervaluing vehicles when settling
British motorists are poised to receive automatic compensation payments following the Financial Conduct Authority’s (FCA) announcement of a comprehensive redress scheme addressing the motor finance mis-selling scandal. The regulatory body
Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), recently addressed MPs regarding the potential consequences of the government’s directive to stimulate economic growth. This initiative, he explained,
The Supreme Court delivered a significant blow to Chancellor Rachel Reeves on Monday by rejecting her attempt to intervene in a landmark case concerning the motor finance commission scandal, which
British high streets are experiencing an unprecedented surge in illegal imported confectionery containing banned additives linked to severe health complications, according to recent council reports. The Chartered Trading Standards Institute
Britain’s financial watchdog has broadened the scope of motor finance complaints to encompass vehicle leasing arrangements, whilst extending the deadline for lenders to respond to claims until December 2025. This
British banks witnessed a significant share price surge after the Supreme Court granted permission to hear an appeal concerning car loan misselling claims, potentially worth billions of pounds in compensation.
In a significant blow to the American grocery retail sector, a federal judge has blocked the largest supermarket merger in US history between Kroger and Albertsons, valued at $24.6 billion.
British music fans are bearing the brunt of escalating ticket fees, with mark-ups reaching an unprecedented 41% above face value, according to recent analysis by The Observer. The entertainment industry’s
Britain’s car finance industry faces unprecedented turmoil following a landmark Court of Appeal ruling that could trigger massive compensation payouts to consumers. The Financial Conduct Authority’s chief executive, Nikhil Rathi,
British lenders might face a staggering £30 billion compensation bill due to the mounting car finance mis-selling scandal, according to leading credit ratings agency Moody’s. The estimate represents the highest
In a controversial decision, the Payment Systems Regulator (PSR) plans to significantly lower the maximum reimbursement for victims of authorised push payment (APP) scams from £415,000 to £85,000. This change
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