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RARE PHOTOS: 4 | Rare Historical Photos

Former Carillion chief fined by FCA for role in misleading investors

Watchdog reduces Richard Howson’s fine to £237,700 after he withdraws challenge to punishment

The Guardian - UK

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

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

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Barclays CEO ‘shocked’ by Epstein revelations as bank deals with Staley fallout

CS Venkatakrishnan dismayed by ‘depravity and corruption’ revealed in Epstein files as he announces profits

The Guardian - UK

Palestine Action latest: Labour MPs hit out at Starmer’s ‘draconian’ ban after High Court rules it unlawful

The Metropolitan Police said it will no longer arrest protesters despite proscription remaining in place

The Independent UK

FCA urged to investigate Peter Mandelson over potential insider trading

Exclusive: Lib Dem Daisy Cooper says ex-minister could have ‘abused trading laws’ when sharing state information with Jeffrey Epstein

The Guardian - UK

Firms representing motor finance customers ‘must act in clients’ best interests’

Regulators have said claims managers and law firms involved in motor finance commission claims must not charge unfair fees for ending an agreement.

Evening Standard

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Santander takes fresh swipe at City watchdog as its car loan scandal bill tops £460m

UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US

The Guardian - UK

Monthly insurance costs cut by £157m a year after premium finance rates fall

The FCA said interest rate premiums on monthly motor and homes insurance policy payments have fallen by 4.1 percentage points on average since 2022.

Evening Standard

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

Mortgage costs ‘shock’ for borrowers as nearly 1m five-year deals end soon

Many homeowners taking out fixed deals in 2021 will have been on ultra-low rates and could now see their costs jump, Compare the Market warned.

Evening Standard

Mortgage costs ‘shock’ for almost one million as fixed-rate deal ends

Borrowers will need to factor in the overall cost of the mortgage, including fees, as well as the rate

The Independent UK

Scams are impersonating government aid - here’s how to spot the fakes

Official communications will never try to rush you into taking action - language around that should be a big red flag

The Independent UK

UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn

Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sector

The Guardian - UK

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Evening Standard

UK financial system ‘may not be prepared enough for major AI-related incidents’

The Treasury Select Committee said it had received a ‘significant volume of evidence’ about AI’s risks to financial services consumers.

The Independent UK

Is getting financial advice worth the money you pay?

If you’re uncertain about your future then getting expert advice might be a massive help but be certain what you’re paying for

The Guardian - UK

FCA fines two former Carillion directors for misleading investors before collapse

Richard Adam and Zafar Khan knew about serious problems but failed to alert the market, UK regulator finds

Evening Standard

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.

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Evening Standard

Claims firm investigated by watchdog over car finance sales tactics

The FCA has repeatedly said consumers do not need to use a claims management company or a law firm to access its scheme.

Evening Standard

Number of mortgaged first-time buyers ‘up by nearly a fifth’ in 2025

Yorkshire Building Society estimated there were 18 per cent more first-time buyer mortgage transactions last year than in 2024

The Guardian - UK

UK law firms get ready for crackdown on money laundering

Harsher penalties and a ‘reshaping’ of the sector predicted when Financial Conduct Authority takes over as regulator

Evening Standard

Majority of investors planning to boost portfolios in 2026, survey finds

Scottish Widows commissioned a survey of more than 1,000 UK investors with a minimum of £100,000 in investable assets, who have a pension.

The Guardian - UK

Jes Staley and Larry Summers made executors of Jeffrey Epstein’s estate, files reveal

Former Barclays boss and ex-US Treasury secretary named in versions of will of convicted child sex offender

Major payment shake up could make Apple Pay redundant in the UK

The contactless payment limit is set to change from March 2026, with banks and card providers given more flexibility.

The Guardian - UK

What will happen now the £100 contactless card limit has been scrapped?

Watchdog says banks will be able to respond to changing consumer demands, inflation and new technology

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