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YOU WONT BELIEVE: 19 - What They Never Told You

Former Barclays boss gambles on courtroom battle over ties to Epstein

Next week Jes Staley will challenge his ban from the City in a case that will reveal his conversations with the disgraced financier

The Guardian - UK

Former Barclays chief Jes Staley heads to court to clear name from associations to Jeffrey Epstein

American banker had a relationship with the now-deceased Epstein while working at JPMorgan Chase

The Independent UK

Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since 2021, when Fiat Chrysler Automobiles (FCA) and Peugeot Citroën (PSA Group) officially tied the knot, finalizing their…

Motor1

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Barclays ex-CEO Jes Staley mounts fight to distance himself from Jeffrey Epstein, contesting the UK regulator banning him from running a bank

The Financial Conduct Authority fined Staley $2.2 million and banned him from senior banking roles after finding he misled regulators about his relationship with Epstein.

Fortune

Giving entrepreneurs better mortgage and pension access ‘could boost economy’

Solving the ‘finance conundrum’ that entrepreneurs find themselves in could help to unlock growth to get the economy on track, the FSB said.

Evening Standard

Calls to make it easier for entrepreneurs to buy homes

‘Getting this right will enable entrepreneurs to do what they do best – innovate, adapt and create’

The Independent UK

Mortgage deals becoming more accessible in good news for first-time buyers

In the early months of 2025, lenders are racing to give the best deals to first-time buyers as the sales market gets off to a strong start. Latest data from Zoopla shows the year has kicked off with higher demand that in 2023 or 2024, as property value growth also…

The Independent UK

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Women are more likely than ever to invest. Here’s six tips to get started

New data shows some women are powering ahead as investors

The Independent UK

UK lenders paid car dealers cash upfront that may have led to costlier loans

Exclusive: ‘Advance commissions’ said to total millions of pounds allegedly pushed customers to certain providers

The Guardian - UK

Barclays Faces Money-Laundering Investigation

It acknowledged that watchdog Financial Conduct Authority is examining whether the bank's UK division had broken any laws by being too lax

International Business Times

Government expresses support for FCA proposal to review mortgage rules

The Government said it wants the Financial Conduct Authority review to be as ambitious and rapid as possible to help people achieve homeownership.

Evening Standard

Outlook for Defined Contribution (DC) Pensions in 2025

As we enter a year of consultations and regulatory change for DC schemes, TPT’s Philip Smith discusses their impact on the future of workplace pensions in the UK.

inkl

Car finance scandal: lender sets aside £165m for possible compensation costs

Estimate by Close Brothers follows ‘thorough assessment’ of court case’s impact on UK vehicle loan industry

The Guardian - UK

Number of misleading financial ads removed by watchdog doubled last year

False or misleading adverts for compensation claims, cryptocurrency and debt relief products are on the up, said the Financial Conduct Authority.

Evening Standard

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The Independent UK

Watchdog should halt plans for ‘naming and shaming’ firms, says Lords committee

The FCA launched proposals last year which would allow it to announce when it has opened enforcement investigations into financial firms.

The Guardian - UK

Green activists warn London exchange over possibly ‘criminal’ copper trading

Dealing in metal from Papua could break UK law because of environmental impact of mining it, campaigners argue

Evening Standard

Financial watchdog in ‘denial’ of problems claim MPs in fresh criticism

A cross-party group of MPs renewed their criticism of the Financial Conduct Authority, as the watchdog denied claims it has not offered to meet them.

The National (Scotland)

‘Royal’ told Jeffrey Epstein they would ‘play more soon’ after no contact claims

A royal family member reportedly told paedophile financier Jeffrey Epstein they would “play more soon” after claiming they no longer had…

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The National (Scotland)

'Royal family member' in contact with Epstein until 2011, court documents show

A “ROYAL family member” was in email contact with the paedophile financier Jeffrey Epstein as late as February 2011, according to court…

The Guardian - UK

Ex-Barclays CEO gears up for explosive trial over City regulator’s allegations on Jeffrey Epstein ties

Court papers seen by the Guardian mean Jes Staley’s appeal against FCA ruling will demand answers on links to sex offender

Motor1

Stellantis Hits Back at Worried Dealers: 'We Are Fully Committed'

Dodge, Jeep, Ram, and Chrysler all had significant sales declines in 2024. As a result, the FCA side of Stellantis fell 15 percent. Unsurprisingly, dealers were none too happy about it. The US Stellantis National Dealer Council sent a strongly worded letter to Carlos Tavares, blaming him for steering the…

The Guardian - UK

Are Rachel Reeves’s efforts to win business confidence ‘fiddling while Rome burns’?

Pro-growth charm offensive aimed at getting Labour back on the front foot has drawn concerns and questions

Evening Standard

Next steps for plans to help give people more control over payments set out

A new independent company will be set up to drive forward variable recurring payments, regulators said.

The Guardian - UK

Rachel Reeves denies Labour hindering consumer interests in car loans scandal

Chancellor under pressure from lenders and lobbyists that say huge compensation bill could harm motor finance market

Evening Standard

Watchdog boss stepped down over ‘different approach’, says Chancellor

Marcus Bokkerink left his role as chairman of the Competition and Markets Authority earlier this week.

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