One in 10 Britons have no savings, UK financial regulator says
Kevin Peachey Cost of living correspondent Getty Images Millions of people are walking a financial tightrope, with one in 10 UK adults saving no money at all, a major report…
MPs brand UK financial regulator ‘incompetent’
The UK’s main financial regulator, the Financial Conduct Authority (FCA), has been condemned in a scathing report from a group of MPs and peers. Describing it as “incompetent”, they say…
Minister urges UK financial regulator to rethink ‘naming and shaming’ plan | Financial Conduct Authority
The City minister has asked the financial watchdog to rethink plans to “name and shame” some firms it investigates, suggesting she could overrule them. Speaking at the fringes of the…