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INSANE: 38 - The Real Truth

Extra 570,000 mortgage holders ‘at risk of payment shortfall in next two years’

The figures were included in Financial Conduct Authority correspondence published by the Treasury Committee.

The Independent UK

Nigeria’s GT Bank fined in UK over money-laundering failures

Financial watchdog says GT Bank, a repeat offender, has not disputed the findings and agreed to settle.

Al Jazeera

Rule changes take the FTSE into a new diversity dawn

The financial watchdog’s new regime is bringing a harder edge to voluntary schemes for race and gender representation

The Guardian - UK

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Pensions expert shares seven things to consider before retiring during cost of living crisis this year

A single person will need about £11,000 a year to achieve the minimum standard of living in retirement.

Daily Record

Martin Lewis' 2023 cost of living advice including energy bills, mortgages and Universal Credit

The MoneySavingExpert founder has issued advice to households on what to expect this year and the financial help and support that is available

Chronicle Live

TSB fined £48million over computer meltdown that left customers unable to access accounts

The issue occurred when TSB attempted to move customer data to a new computer system managed by Spanish owner Sabadell from the old one supplied by Lloyds Banking Group.

Daily Mirror

TSB fined £48.7m over 2018 IT meltdown that left customers unable to access services

FCA said bank 'failed to plan for the IT migration properly' - TSB apologises again

Insider UK

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TSB fined £48m over ‘serious failings’ in IT meltdown

FCA penalises bank after millions of customers were locked out of their accounts for weeks

The Guardian - UK

TSB fined £48m over IT migration meltdown; UK house prices ‘could fall 5%’ in 2023 soft landing – as it happened

Nationwide says a ‘relatively soft landing’ in housing market is possible, while TSB is penalised for operational failings over botched move to new IT platform in 2018

The Guardian - UK

Regulators say pensions system needs change after mini-budget turmoil

The Pensions Regulator said that there are important lessons to be learned in how schemes invest the money of pension holders.

The Independent UK

Christmas shoppers warned about rising risk of loan fee scams

Victims of the fraudsters stand to lose an average of £260

Wales Online

Metro Bank fined £10m for misleading investors

FCA also penalises two of challenger bank’s former top executives

The Guardian - UK

Martin Lewis warns of 'huge payment shock' for mortgage holders in the spring

The MoneySavingExpert founder attended a Mortgage Summit in Downing Street to talk to lenders about what they can do to help to homeowners

Chronicle Live

Martin Lewis warns of ‘huge payment shock’ for millions of homeowners

The MoneySavingExpert founder has warned Brits on cheap fixed deals to brace themselves for sky-high mortgage rates - as many will come off deals taken out when average rates were as little as 2.34% last year

Daily Mirror

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Daily Mirror

Santander fined £100million for money laundering failures - with 560,000 accounts affected

The Financial Conduct Authority (FCA) the bank "failed to properly oversee and manage" systems aimed at verifying information - with more than 560,000 business customers affected

The Guardian - UK

Santander UK fined £108m over anti-money laundering failings

Financial Conduct Authority found ‘serious and persistent gaps’ in bank’s controls

Evening Standard

Santander hit with fine over ‘serious and persistent’ money laundering failures

SANTANDER was today whacked with a £108 million fine for what the Citywatchdog called “serious and persistent” money laundering failures.

Nottingham Post

Martin Lewis issues mortgage 'payment shock' warning as banks consider aid measures

Money Saving Expert says families will face being unable to pay for their homes

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Liverpool Echo

Santander hit with huge fine over 'ineffective' failings

The financial watchdog penalised the major bank over gaps in its anti money laundering controls

Insider UK

Santander fined £107 million for anti-money laundering failures

More than half a million UK business banking customers were subject to poor account oversight

Wales Online

Santander fined £107.8m by finance watchdog over money laundering failings

The failures impacted the oversight of more than 560,000 business customers

Daily Record

Mortgage ‘summit’ to discuss payment support for homeowners next year

Chancellor Jeremy Hunt met banking CEOs along with Martin Lewis and the FCA to discuss the issue.

Daily Mirror

One in four home insurance claims are turned down, worrying figures reveal

Almost a quarter of buildings and contents insurance claims are not accepted and paid out by insurers, according to new stats published by the Financial Conduct Authority

Daily Record

Warning issued over Facebook and Instagram ads which give misleading financial advice

Consumer experts found a number of investment ads which it says could 'mislead' Facebook and Instagram users.

The Guardian - UK

Hunt to urge banks to aid mortgage borrowers amid cost-of-living crisis

Exclusive: Chancellor to meet heads of UK’s major lenders and consumer champion Martin Lewis on Wednesday

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