The departure of controversial payday lenders like Wonga, QuickQuid and The Money Shop marked a turning point. These companies were once at the centre of complaints and investigations, with thousands of customers raising concerns about unfair lending and high costs. But today, things look very different. Stronger Rules from the FCA The Financial Conduct Authority
Businesses providing crypto services in the UK will be required to collect more extensive user and transaction data by next year. The HM Revenue and Customs (HMRC) says the new rule covers all UK-based reporting crypto-asset service providers (RCASPs), which include exchanges, brokers, dealers, and any firm that transacts with digital assets on behalf of
Amy Evans and her mother Kathleen Moore, with other family members (Picture: Amy Evans/SWNS) A mum-of-two killed herself after her mortgage payments rose by £500 a month and her application for benefits was turned down, her daughter has said. Kathleen Moore, 60, spent the last four years struggling to make her payments after they shot
London: Britain’s finance minister said on Wednesday the UK would not “rush into action” over impending US tariffs, as the government hopes to reach a post-Brexit trade deal with Washington. The UK government is working to secure a new economic deal with the United States which could ultimately help it avoid — or at least
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and
LONDON, April 1 — The Supreme Court of the United Kingdom will today hear arguments to overturn a judgment that could cost Britain’s financial industry billions of pounds in fresh legal costs and potential customer compensation. The Court of Appeal ruled in October that it was unlawful for lenders to pay commissions to motor dealers