Andrew Wathey has been reappointed as Chair of The National Archives
The Secretary of State has reappointed Andrew Wathey as Chair of The National Archives for a five year term from 1st April 2025 to 31st March 2030. HM GovernmentSource
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Celtic Freeport launch boosts growth and clean energy missions
The Celtic Freeport has been officially launched bringing significant inward investment to South West Wales and thousands of new jobs a step closer. HM GovernmentSource
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Primary school SuDS schemes finished by the Preston flood scheme
SuDS schemes reduce flood risk by temporarily storing rainwater; reducing its flow and surface water runoff. Three primary schools have benefited. HM GovernmentSource
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The FCA invites applications for a bond consolidated tape provider
A UK bond consolidated tape (CT) will collate data on transactions, such as prices and volumes, and brings together information on trades executed on trading venues and over-the-counter with a broker. The CT will provide investors with high quality data on a timely basis, and ensure it is
Read MoreStatement on motor finance review next steps
If motor finance customers have lost out from widespread failings, we are likely to consult on a redress scheme. We are currently reviewing the past use of motor finance discretionary commission arrangements (DCAs). We’re seeking to understand if firms failed to comply with requirements relating to DCAs and
Read MoreOur position on sustainability regulations and UK defence
Our sustainability rules do not prevent investment in or financefor defence companies. The financial sector plays a vital role in supporting all sectors, including defence.There is nothing in our rules, including those related to sustainability, that prevents investment or finance for defence companies.Our sustainable finance rules apply to
Read MoreFCA responds to final report into Safe Hands complaints
We continue to have the utmost sympathy for the people who have lost money because of Safe Hands. We do not agree with the Commissioner’s finding that we didn’t identify significant risks in relation to this firm. We had limited powers to act against funeral plan providers before
Read MoreFCA sets out steps to support home ownership
The FCA has set out steps it will take to improve access to mortgages. The FCA is reminding lenders of flexibility in its rules, which can help more people access a mortgage. This forms part of the work, announced in January in a letter to the Prime Minister,
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What can Canada expect from its next PM? The Mark Carney I knew | Larry Elliott
In his seven years as Bank of England governor, Carney was charming and self-confident but had a volcanic temper Smart, smooth, tough and a liberal globalist to the ends of his fingertips. That was how Mark Carney came across in his near seven-year stint as governor of the
Read MoreVulnerable customers encouraged to open up to firms to get the right support
Just 4 in 10 vulnerable customers say they have disclosed their needs to their financial services provider, new research commissioned by the FCA shows. However, those that do open up tend to have better experiences. Three quarters of vulnerable customers who told their firm about their circumstances (74%)
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