King’s Speech: Long-awaited audit overhaul green-lit as FRC scrapped for new regulator July 17, 2024 It is full steam ahead on the creation of the new audit watchdog as the new Labour government has unshelved the Audit Reform and Corporate Governance Bill
Microsoft hires from Inflection AI now under microscope from competition watchdog July 16, 2024 The CMA has set an 11 September deadline to decide whether the case will progress to a phase two investigation.
Tulip Siddiq: Labour will bolster the international standing of the City July 16, 2024 Welcoming the Financial Conduct Authority’s “once-in-a-generation reforms” to the listings rulebook, announced last week, Siddiq said she will build on those changes.
FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay July 16, 2024 It follows previous work by the PSR on contactless mobile payments and the FCA’s examination of big tech’s role in financial services.
Schroders chief: FCA must not ‘muddle’ consumer powers with City competitiveness July 11, 2024 The boss of Schroders has called on the Financial Conduct Authority to more clearly separate its consumer protection powers from its duty to enhance the competitiveness of the City, as he issued a rallying cry to end “safetyism” in financial regulation.
Regulator seeks to overturn fine rejection against pharmaceutical firms July 11, 2024 The Competition Market Authority (CMA) is seeking to overturn a decision which reversed fines imposed on pharmaceutical firms.
Heathrow faces larger cut in landing fees, regulator says July 11, 2024 The UK aviation regulator has proposed forcing London Heathrow Airport to further reduce the landing fees it can charge airlines over the next two years, following a long-running dispute over prices at Britain's biggest airport.
Investment research budgets are finally on the rise again July 11, 2024 Investment research budgets have started to rise for the first time in six years, after European regulations hampered the growth of the industry.
Barratt: Capacity to build new homes, but not enough land to build on July 10, 2024 Barratt is one of the UK's top builiders, but it has struggled to grow this year.
SSP Group: Upper Crust owner’s shares soar on back of impressive sales July 10, 2024 Travel food specialist SSP Group has continued its momentum from of May's half-year results, thanks to continuous increases in demand for leisure travel.