financial conduct authority

More firms cancel dividends as market sell-off continues

More firms cancel dividends as market sell-off continues

FCA asks companies to delay financial results for at least two weeks amid coronavirus crisisCoronavirus – latest updatesSee all our coronavirus coverageThe deepening coronavirus crisis has forced UK
UK lenders banned from repossessing homes amid coronavirus crisis

UK lenders banned from repossessing homes amid coronavirus crisis

Banks and building societies also warned off charging fees for mortgage holidays as customers spend hours trying to contact lendersCoronavirus – latest updatesSee all our coronavirus coverageThe City
Insurers must be fair during coronavirus crisis, says regulator

Insurers must be fair during coronavirus crisis, says regulator

FCA tells firms it expects them to consider payments on claims they might usually rejectThe City regulator has told insurers it expects them to treat customers fairly and consider payments on claims
NMC Health reveals it has almost $3bn debt unknown to board

NMC Health reveals it has almost $3bn debt unknown to board

Discovery of debt facilities comes after hospitals provider reported $2.1bn of debt in JuneTroubled hospitals provider NMC Health has revealed it has almost $3bn more debt than it previously realised,
Bank of England must issue firm instructions to soften the coronavirus fallout

Bank of England must issue firm instructions to soften the coronavirus fallout

It’s nice of a few high street banks to offer repayment holidays but it’s a piecemeal approach. Threadneedle Street must step upThe Italian view of mortgages in the age of the coronavirus is big, bold
Economic powers offer emergency help in coronavirus crisis

Economic powers offer emergency help in coronavirus crisis

Markets rally after governments, central banks, IMF and World Banks agree to do ‘whatever is needed’ Follow the latest coronavirus blog for live news and updatesThe world’s economic powerhouses
NMC Health asks for debt standstill amid accounting scandal

NMC Health asks for debt standstill amid accounting scandal

London-listed firm, which runs hospitals in Middle East, faces cash crunch if debts called inTroubled hospitals provider NMC Health has asked its banks for an “informal standstill” on its debt
Moneybarn to pay £33m in fines and compensation

Moneybarn to pay £33m in fines and compensation

Car lender accused by FCA of serious breaches when dealing with vulnerable customersMoneybarn is to pay nearly £33m in fines and customer compensation after the City regulator found serious breaches
Barclays boss Jes Staley's links to Jeffrey Epstein investigated

Barclays boss Jes Staley's links to Jeffrey Epstein investigated

Bank board says it has full confidence in CEO as UK financial watchdog looks at ties to disgraced financierUK regulators are investigating Barclays chief executive Jes Staley over whether he was
FCA: credit card firms must stop suspending all users in debt spiral

FCA: credit card firms must stop suspending all users in debt spiral

Watchdog tells lenders they should cut or drop fees rather than issue blanket suspensionsBritain’s financial watchdog has warned credit card firms against the blanket suspension of cards of consumers
UK banks told to explain 40% overdraft rates

UK banks told to explain 40% overdraft rates

FCA says it will be ‘keeping a close eye on the market’ after lenders set similar chargesBritain’s financial watchdog is demanding that major banks explain why they have set virtually identical
Subprime lender Amigo puts itself up for sale as complaints rise

Subprime lender Amigo puts itself up for sale as complaints rise

Company has also been hit by FCA crackdown, forcing it to tell more to backers of loansSubprime lender Amigo has put itself up for sale and warned of “increased pressure” on the business amid a
Lloyds, Halifax and Bank of Scotland to charge overdraft rate of up to 49.9%

Lloyds, Halifax and Bank of Scotland to charge overdraft rate of up to 49.9%

Rate is highest announced to date, as group responds to City watchdog ban on excessive feesMillions of Lloyds, Halifax and Bank of Scotland customers will be charged overdraft interest rates of up to
Lloyds, Halifax and RBS to charge overdraft rate of up to 49.9%

Lloyds, Halifax and RBS to charge overdraft rate of up to 49.9%

Rate is highest announced to date, as group responds to City watchdog ban on excessive feesMillions of Lloyds, Halifax and Bank of Scotland customers will be charged overdraft interest rates of up to
The Guardian view on the Bank of England: new boss, new thinking? | Editorial

The Guardian view on the Bank of England: new boss, new thinking? | Editorial

Brexit, climate change and the next recession mean central banking is in danger of becoming a failed paradigm that needs replacingThe appointment of Andrew Bailey as governor of the Bank of England is
The Guardian view on the Bank of England: new boss, new thinking? | Editorial

The Guardian view on the Bank of England: new boss, new thinking? | Editorial

Brexit, climate change and the next recession mean central banking is in danger of becoming a failed paradigm that needs replacingThe appointment of Andrew Bailey as governor of the Bank of England is
The Bank of England named the 121st consecutive man to lead the 325-year-old institution

The Bank of England named the 121st consecutive man to lead the 325-year-old institution

Andrew Bailey has the deep experience necessary for the job. But his appointment reinforces concerns about the 325-year-old institution's capacity to promote women.
Andrew Bailey: a safe pair of hands or out of touch?

Andrew Bailey: a safe pair of hands or out of touch?

New Bank governor’s reputation faced scrutiny at scandal-hit City regulatorAndrew Bailey, who will replace Mark Carney as the Bank of England governor, must roll his eyes every time he sees the phrase
Andrew Bailey appointed head of Bank of England

Andrew Bailey appointed head of Bank of England

Sajid Javid announces head of Financial Conduct Authority as replacement for Mark CarneyLive: Chancellor appoints Andrew Bailey new Bank of England governorAndrew Bailey, the head of the UK financial
Investors could face cash restrictions on Woodford-style funds

Investors could face cash restrictions on Woodford-style funds

Bank of England looks at rules after gating or UK property fund and Neil Woodford saga Investors could be blocked from pulling out their cash at short notice unless they are willing to take a hit on