Quilter ‘cautiously optimistic’ as investor flows tick upwards April 25, 2023 Wealth manager Quilter said it was “cautiously optimistic” today as flows onto its platform rose again in the first three months of the year.
Savings rates: As FCA puts banks on war footing what are the best accounts for your cash? April 21, 2023 As interest rates look set to increase, we look at the best and the worst paying savings accounts on offer. Banks and savings providers have come under fire for not passing on interest rate rises to savers This week the FCA said it would be keeping an eye on banks’ first quarter profits to make [...]
AJ Bell’s cashflow falls as cautious investors dip their toes back in the market April 20, 2023 Retail investment platform AJ Bell recorded a slowdown in the amount of cash flowing onto its platform in the first three months of the year even as customers bumped upwards, in a sign DIY investors are edging back into the market.
Women in Payments Europe 2023 Unites Industry Trailblazers in London April 20, 2023 | Sponsored City A.M. is excited to announce that it will be a media partner for Women in Payments Symposium 2023. This year our symposium is taking place in London – Europe’s major fintech hub and a great place to host a major payments event for good reasons. As a leading global financial centre, the UK capital [...]
Klarna’s UK chief on looming regulation – and why it might not settle the buy-now pay-later debate April 20, 2023 Klarna's UK chief talks a regulatory crackdown - and why the debate around buy-now pay-later products may continue
Could IFS project help solve the UK’s pensions crisis? April 20, 2023 A two year project which aims to come up with long-term solutions to the UK’s pensions crisis has been launched by the Institute for Fiscal Studies in partnership with abrdn’s Financial Fairness Trust. The Pensions Review will run for two and a half years and “comprehensively assess the consequences of current pension policy, the economic [...]
FCA: Brits saved almost £1bn after shake-up of overdraft rules according to City regulator April 19, 2023 People have collectively saved nearly £1 billion due to a shake-up of rules around overdrafts, according to calculations by the City regulator. The rules, introduced by the Financial Conduct Authority (FCA), reduced high fees for unarranged borrowing and swept away complex charging structures, which made it hard for people to compare borrowing costs. The £1 [...]
London rent averages over £900 a month as desperate renters battle over fewer properties April 19, 2023 Private renters in London are faced with the highest costs since 2012 as a sparse and competitive market send the cost of homes in the capital to new highs. Landlords in the capital increased rent by 4.8 per cent in the 12 months to March 2023, up from an increase of 4.6 per cent in [...]
Fintech Plus500 sees earnings double as London listed firm pushes on with US expansion April 19, 2023 Fintech firm Plus500 reported a surge in revenues to start the year today as it continued to push into the US and boost the amount of retail traders on its platform.
Analysis: Could Ofgem’s prepayment meter crackdown end up fuelling ‘bad debt’? April 18, 2023 Ofgem and Energy UK have warned over bad debt after the latest clampdown on prepayment meters failed to ban forced installations.