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BIZARRE: 6 | Mind Blowing Facts

New online fraud checker tool launched after 800,000 people fall victim to scammers

The FCA want people to ensure companies they are planning to send money to are legitimate

The Independent UK

People considering investments opportunities urged to use new firm checker tool

Around 800,000 people reported losing money to investments or pensions‑related scams in the 12 months to May 2024, the FCA said.

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.

Evening Standard

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Ministers urged to close £2bn tax loophole in car finance scandal

Banks and specialist lenders will not pay tax on compensation payouts, sidestepping 2015 rule

The Guardian - UK

Regulators to announce plans to bolster mutuals after Labour vows to double £223bn sector

Bank of England and FCA to join city minister in Rochdale amid plans to streamline regulation and expand expert support

The Guardian - UK

Inside the Top Altcoin Trading Platforms in the UK for 2025 — And Why Gemini Comes Out on Top

A 2025 breakdown of the best UK altcoin trading platforms, highlighting why Gemini leads with unmatched security, FCA regulation, and powerful tools for every type of trader.

International Business Times UK

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials

The Guardian - UK

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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.

Evening Standard

FCA launches tool to help investors recognise signs of investment hype

The tool, which has been designed for mobile use, mirrors group chat-style discussions that investors have with their peers.

Evening Standard

Crypto ATM Safety Debate Intensifies With New Reports of Fee Spikes and Vulnerabilities

Crypto ATMs face global scrutiny as fees surge above 20% and scams escalate, prompting regulators like the FCA to warn consumers of severe safety risks.

International Business Times UK

Starmer stands by Reeves as claims grow she misled public on finances

Downing Street says Reeves’ remarks were ‘entirely accurate’ as pressure grows over claims she misled voters

Evening Standard

Keir Starmer to back Rachel Reeves’ Budget amid row over deficit claims

Sir Keir will use a speech to support the decisions taken by Ms Reeves in the Budget

The Independent UK

Starmer to back Budget amid row over Reeves’ deficit claims

Opposition figures have called for the City watchdog to investigate pre-Budget briefings about the fiscal shortfall.

Evening Standard

Calls to investigate claims Treasury misled the public

The Treasury has been accused of giving ‘deliberately false and misleading’ briefings ahead of the Budget

The Independent UK

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Evening Standard

Watchdog urged to investigate pre-Budget briefing over deficit claims

SNP Westminster leader Stephen Flynn described the Budget as ‘built on a lie’.

International Business Times UK

UK Fraud: £175k Gone After Firm with Fake Director and No Office Promises Millions

Basic Prime Limited took £175,000, promised £382M, then vanished. Investigators found no office, no contacts, and a ghost director. Part of UK's £629M fraud crisis.

The Independent UK

How Rachel Reeves’ budget might impact your pension

The changes will affect a wide array of people.

Evening Standard

Cash Isa limit cut may not encourage people to invest, finance expert says

Reports suggest that the annual cash Isa limit could be reduced to £12,000 in the Budget.

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The Guardian - UK

FCA makes inquiries into WH Smith accounting error that wiped almost £600m off value

Regulator assessing whether firm breached UK disclosure rules for listed companies, but is yet to launch formal investigation

Benzinga

How This 'Hidden Gold Mine' Has Beaten The Market For 30 Years

For three decades, I have watched investors chase the latest hot stock, the newest tech darling, and the most hyped IPO. Meanwhile, a sleepy corner of the market has been quietly minting fortunes.

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.

Euronews

Epstein files cast long shadow over global business elite

Newly released emails show top finance and business figures maintained contact with Jeffrey Epstein years after his initial conviction, raising questions over judgement and corporate governance.

The Guardian - UK

FCA’s first deputy CEO calls for stronger grip on vital tech firms

Sarah Pritchard suggests City regulator will make use of oversight powers amid growing number of outages

The Independent UK

The four most common scams targeting older people – and how to avoid them

Some scammers will even mirror the hold music your bank uses

The Independent UK

Martin Lewis urges millions of drivers who may be owed car finance compensation to act

Those affected could get payouts worth £700 eight months faster, the money guru says

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