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BIZARRE: 2 - What They Never Told You

Engineering giant fined £13m by financial watchdog over inaccurate accounts

The UK firm was sold to Dubai-based firm Sidara late last year for £216 million

The Independent UK

Wood Group fined £13m by watchdog over inaccurate accounts

The Aberdeen-based business published inaccurate information in financial results published in 2022, 2023 and 2024, the FCA said.

Evening Standard

Former Carillion boss fined by watchdog over ‘reckless’ actions

The Financial Conduct Authority (FCA) said it had fined Richard Howson £237,000, after he withdrew his challenge to the FCA’s findings.

Evening Standard

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FCA wants buy now, pay later sector to ‘thrive’ as firms prepare for regulation

The sector will come under the Financial Conduct Authority’s regulation from July 15 2026.

The Independent UK

More people should be helped to access cover for financial shocks, says FCA

Over half of adults do not hold a pure protection product even though many could benefit from them, the FCA said.

Evening Standard

Experts predict UK mortgage market ‘boom’ in 2026

Options for first-time buyers are reaching record highs, new data shows

The Independent UK

Two former Carillion finance directors fined by FCA over misleading statements

The Financial Conduct Authority said it had fined Richard Adam and Zafar Khan £232,800 and £138,900 respectively.

Evening Standard

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‘Money mule’ cases surge as criminals target young people on social media

Fake job adverts and promises of quick money are drawing thousands into type of money laundering

The Guardian - UK

Firms could set own contactless card limits under changes planned by regulator

The Financial Conduct Authority’s rule changes will take effect from March 19.

Evening Standard

FCA prepared to tweak car loan compensation scheme after pushback, boss says

The Financial Conduct Authority’s consultation on its proposed motor finance redress scheme closed last week, with more than 1,000 responses.

Evening Standard

UK mortgage shake-up: people on variable incomes could have more payment flexibility

Some potential first-time buyer groups ‘could be better served’, regulator says in review

The Guardian - UK

First-time buyers and self-employed could find it easier to access mortgages

Access to later life mortgages could also be key to helping people achieve their financial goals, the Financial Conduct Authority said.

Evening Standard

It could soon be easier for first-time buyers and the self-employed to get a mortgage

Mortgage regulator wants to modernise its rules

The Independent UK

Crypto firms to be regulated like other assets under new UK rules

The Treasury announced new legislation which will mean crypto firms have to meet a set of standards overseen by the Financial Conduct Authority.

Evening Standard

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The Independent UK

UK Treasury to regulate cryptocurrency under new legislation

These new laws will mandate crypto firms to adhere to a specific set of standards and rules

Evening Standard

Targeted support could see 18 million savers offered help in next decade

The new type of help will mean firms can make specific suggestions to consumers to help them decide what to do with their money.

The Independent UK

4 red flags of pension-related scams to look out for – and how to protect yourself

By staying informed and alert, you can safeguard your pension and secure the future you’ve worked so hard for.

Evening Standard

City watchdog sets out moves to boost retail investment in shares

The Financial Conduct Authority is proposing ways to encourage retail investors to take more risk by putting cash into stocks and shares.

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Evening Standard

Watchdog brings forward deadline for motor finance firms to handle complaints

The Financial Conduct Authority will be lifting a pause on the handling of certain motor finance complaints on May 31, rather than July 31.

The Independent UK

Rachel Reeves denies lying about Budget black hole to justify tax hikes – UK politics live

Rachel Reeves denies breaking Labour manifesto pledge not to raise taxes – but admits she is asking people to pay more

Evening Standard

Mortgage holders warned of ’empty promise’ notes claiming they can clear loans

The Financial Conduct Authority said ‘promissory notes’ are not an acceptable form of mortgage payment.

Evening Standard

Short-sellers set to be kept anonymous under disclosure rule change plans

The FCA is consulting on proposals to overhaul the rules which currently require the identities of short-sellers to be disclosed.

Evening Standard

£283m in redress paid by financial services firms dealing with complaints

The Financial Conduct Authority released complaints figures for the first half of 2025.

Evening Standard

Millions of motorists to be paid compensation over car finance scandal

Compensation for unfair motor finance deals will be paid out at around £700 each, the Financial Conduct Authority has said

Evening Standard

Compensation payouts due on 14m unfair car loans, watchdog says

The Financial Conduct Authority estimated its redress scheme could cost lenders £8.2 billion in compensation.

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