City watchdog gives Bloomberg terminals and credit agencies clean-ish bill of health February 29, 2024 The FCA ruled out major interventions due to potential unintended consequences but admitted that some areas of the market do not "work well".
Regulator launches investigation into baby formula market February 20, 2024 The CMA investigation, which was launched today, came off the back of a November study which found manufacturers raised prices by 25 per cent over two years, increasing profit margins during the cost-of-living crisis.
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Spring Budget 2024: What measures could Labour continue in government? February 13, 2024 With an election expected this year, and a Labour Party hell-bent on wooing business, are there financial measures a Starmer government could support?
UK should resist ‘over-regulating AI’: Founder of British tech start-up hailed by Sunak as ‘revolutionary’ February 12, 2024 The founder of a fast growing British tech startup, RobinAI, has said he believes the UK should resist over-regulating AI.
Government is ‘interfering’ with regulators and appointing ‘allies’ to top jobs, Lords claim February 8, 2024 The government is “interfering” with the work of independent regulators and ministers are pushing to appoint “political allies” to top jobs, a group of peers have claimed.
UK government to prepare regulators for AI as it eyes ‘agile’ approach February 6, 2024 The British government will spend more than £100m building artificial intelligence (AI) research hubs and preparing regulators.
Business group slams head of banking resolution scheme for ‘misleading’ MPs January 30, 2024 Representatives of small and medium-sized businesses have hit out at "misleading" and "inaccurate" comments made by the chief executive of a banking resolution scheme in parliament last week.
UK Finance boss: City’s post-Brexit ‘challenger’ role takes ‘some getting used to’ January 30, 2024 Postings noted that in the Brexit debates "there was probably more debates around fishing quotas than there was around financial services".
Private credit lenders might be storing up future problems, Bank of England official warns January 29, 2024 Foulger said some of the actions to support borrowers "delay or mask" vulnerabilities rather than addressing underlying issues.