Growth mandate won’t harm consumers, says competition watchdog July 16, 2025 The boss of the UK’s competition watchdog has insisted there is no additional risk of consumer harm from the government’s bid to put regulators on a growth footing, despite her former chair being ousted for not buying into the push. Competition and Markets Authority (CMA) boss Sarah Cardell said she saw “no tension” between her [...]
Rachel Reeves launches major fintech push to galvanize listings July 15, 2025 Rachel Reeves has laid out the government’s plans to make the UK the world leader in fintech in the Chancellor’s latest effort to attract a fleet of listings from the industry. Reeves today unveiled the Treasury’s Financial Services Growth and Competitiveness Strategy, in which she laid out her vision to make the UK the “world’s [...]
Bank of England unveils shake up of financial crisis banking rules July 15, 2025 The Bank of England has unveiled a sweeping package of reforms aimed at easing the regulatory burden on smaller and mid-sized banks, marking a major shakeup of the post-financial crisis rulebook. The central bank’s changes include a one-year delay to key parts of the Basel 3.1 reforms – the UK’s version of international banking rules [...]
Mansion House: time for world-class regulation for a world-class insurance market July 14, 2025 Dear Chancellor, Access to the right insurance is critical to ensure a well-functioning, growing, economy. Insurance brokers work for the client. However, it is increasingly hard for individuals and businesses, to access the advice and products they need because of the challenges caused by over-burdensome regulation on insurance brokers. When you unveil your Financial Services [...]
What the City needs from Rachel Reeves’s Mansion House speech July 14, 2025 Ahead of Rachel Reeves's Mansion House speech, Lord Mayor Alastair King outlines what the City needs to hear from the Chancellor.
Watchdog probe to net £100m from listed housebuilders for affordable schemes July 9, 2025 A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]
Oasis fans urged to keep reunion tickets as vintage prices surge July 8, 2025 Oasis fans lucky enough to snag a paper ticket for this summer’s reunion tour might be sitting on a future goldmine, with collectors paying hundreds for vintage stubs. Fans are being urged to hold onto their physical tickets, as demand for Oasis memorabilia jumps and vintage concert stubs reach eye-watering sums on eBay. A stub from [...]
Mansion House gives Rachel Reeves a chance to change the course July 4, 2025 Rachel Reeves has a chance to move from ambition to action at this year's Mansion House Speech. Lets hope she takes it, writes David Postings.
Why did Santander buy TSB? July 3, 2025 Santander might have hoped its takeover of TSB would make waves across the banking industry, but analysts have dubbed it a more modest splash. The deal, which is set to be worth £2.9bn when closed in 2026, will add TSB’s five million customers, £34bn in mortgages and £35bn in deposits to Santander’s portfolio as well [...]
Watchdog threatens Ticketmaster with litigation over Oasis tickets July 3, 2025 The competition watchdog has threatened Ticketmaster with legal action as it seeks information over the way the platform sold tickets for Oasis's reunion tour