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HISTORICAL FACTS: 36 - The Untold Story

Black and Asian people still paying higher car insurance as watchdog accused of being ‘nowhere to be seen’

Citizens Advice reiterates concerns about 'worrying' link between ethnicity and insurance prices

The Independent UK

Worrying link between ethnicity and insurance costs persists – Citizens Advice

The Association of British Insurers said insurers never use ethnicity as a factor when setting prices and its members comply with the Equality Act.

The Independent UK

Amigo Loans to be liquidated after failing to raise survival cash

Those owed compensation will get 17p in the pound as sub-prime lender’s shareholders wiped out

The Guardian - UK

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Lenders urged to step in to help families struggling to pay their mortgage

New guidance means banks and building societies will need to offer support to homeowners as 356,000 more people are set to face difficulties

Chronicle Live

MPs pressure banks over failure to pass on rising interest rates to savers

Senior MPs have stepped up the pressure on City watchdog, the FCA, over the apparent failure of high street banks to pass on rising interest rates to savers.

Evening Standard

Can regulation shape cryptocurrencies into useful business assets?

One of the more complex corners of the technology industry businesses often refrain from touching is the cryptocurrency market. Built on a principle of a decentralised market, away from the prying eyes of central bodies or governments, and utilising blockchain technology to provide a clear and concise record of all…

IT Pro

City watchdog slams vague sustainability benchmarks as it ramps up fight against ‘greenwashing’

The FCA said it would would use “the full range” of its tools to fight vague green benchmarks

Evening Standard

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Plan to reduce emissions will have unintended consequences on agriculture, farmers say

Farmers are raising concerns the federal government's plan to reduce the emissions of big polluters would rely too heavily on carbon credits from agriculture.

ABC News

New consumer duty could lead to reduced mortgage access, says UK Finance boss

The measure coming into force from July 31 will set higher standards of consumer protection across financial services.

The Independent UK

Martin Lewis likens new help for people struggling to pay mortgages to ‘thin sandwich’

The FCA warned those rolling off a fixed-rate mortgage deal could end up paying an extra £340 a month.

Daily Record

More homeowners to face mortgage misery by next year, says City regulator

Prediction is less gloomy than previous estimate but 356,000 more households are forecast to be struggling to make payments

Wales Online

FCA urges UK banks to consider cutting mortgage payments for those struggling

City regulator estimates 356,000 borrowers may be at risk of missing monthly payments by summer 2024

The Guardian - UK

Urgent message for homeowners as 356,000 more people set to face mortgage difficulties

Under new mortgage guidance, lenders will need to offer support to customers who have missed payments or are worried they may not be able to make payments in future

Daily Mirror

Martin Lewis says plan to help struggling mortgage borrowers 'lacks meat'

The Financial Conduct Authority believes an additional 356,000 people will struggle to pay their mortgage by June 2024

Wales Online

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The Guardian - UK

City regulator joins Met in raids on suspected crypto ATM operations

Joint investigation with police in London follows similar operartion in Leeds as part of wider crackdown on sector

Irish Mirror

Irish drivers warned over latest 'car leasing' scam as experts list warning signs

Cyber experts have been finding fake social media pages that lead to genuine-looking websites to con their potential “customers”.

Evening Standard

Arm’s move to New York is a bitter pill to swallow -- London must learn a vital lesson

Russ Shaw, founder of Tech London Advocates, explains why the odds were never really in the City’s favour

The Independent UK

Proposals to reimburse scam victims are half-baked, says Treasury Committee

Treasury Committee chair Harriett Baldwin said regulators need to sort out exclusions and criteria quickly.

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Chronicle Live

Klarna joins Laybuy and Clearpay in charging a fee to late payers

New £5 charge from March 16 will reduce the likelihood of borrowers falling behind, according to Klarna boss

Daily Record

Martin Lewis urges UK Government to set free nearly 200,000 people trapped in high rate mortgages

Some mortgage prisoners have been stuck on high rates since the 2008 financial crisis.

The Guardian - UK

UK government made £2.4bn from ‘mortgage prisoner’ loan sales, says Martin Lewis

Tens of thousands of borrowers had their loans sold on to providers at which they were unable to switch

The Guardian - UK

Climate campaigners sue BNP Paribas over fossil fuel finance

Action against one of Europe’s largest financial institutions is the first climate-related lawsuit against a commercial bank

Daily Mirror

Charity slams insurers for refusing to cover losses suffered during lockdown

'The insurers seem to be saying we should have carried on regardless'

Evening Standard

New buy now pay later regulations will be a wake-up call for lenders

City Comment: Some consumers don’t understand the potential dangerous implications of entering into multiple BNPL agreements

The Independent UK

Research and ‘gut instincts’ helping investors to thwart scammers, survey finds

FCA data suggests £2 million was saved in 2022 by investors who spotted the warning signs and reported to them to the regulator.

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