Financial Conduct Authority

Image for Lloyds warns of bigger hit from UK motor finance scandal
Finance

Lloyds warns of bigger hit from UK motor finance scandal

LONDON (Reuters) -Britain's Lloyds Banking Group said on Thursday it would likely need to set aside...

9th October, 2025

Image for Lloyds leads bank stocks higher on lower-than-feared bill for motor finance scandal
Finance

Lloyds leads bank stocks higher on lower-than-feared bill for motor finance scandal

LONDON -Shares in Lloyds Banking Group helped lead banking stocks higher on Wednesday after the mark...

8th October, 2025

Image for UK car finance industry faces $11-13 billion mis-selling hit
Finance

UK car finance industry faces $11-13 billion mis-selling hit

By Kirstin Ridley and Phoebe Seers LONDON (Reuters) -Britain's motor finance industry is on the hook...

7th October, 2025

Image for Ex Co-Op Bank boss ordered to pay compensation or face more prison time
Finance

Ex Co-Op Bank boss ordered to pay compensation or face more prison time

LONDON (Reuters) -Paul Flowers, the former chairman of Britain's Co-Op Bank and a one-time local cou...

24th September, 2025

Image for UK watchdog examines 30 million car finance deals for compensation scheme
Finance

UK watchdog examines 30 million car finance deals for compensation scheme

LONDON (Reuters) -Britain's Financial Conduct Authority is scouring 30 million historic car finance...

9th September, 2025

Image for Close Brothers pops 30%, Lloyds surge after favourable motor finance ruling
Finance

Close Brothers pops 30%, Lloyds surge after favourable motor finance ruling

MILAN (Reuters) -Close Brothers shares popped 30% at the open on Monday, after a Supreme Court rulin...

4th August, 2025

Image for British bank shares jump after Supreme Court ruling on car loan claims
Finance

British bank shares jump after Supreme Court ruling on car loan claims

By Iain Withers LONDON (Reuters) -Shares in British lenders surged on Monday after a Supreme Court r...

4th August, 2025

Image for Potential UK car finance compensation scheme would be smaller than PPI, says regulator
Headlines

Potential UK car finance compensation scheme would be smaller than PPI, says regulator

LONDON (Reuters) -Any future motor finance compensation scheme for consumers in Britain would be sub...

3rd August, 2025

Image for Banks brace for key UK Supreme Court ruling on car finance commissions
Headlines

Banks brace for key UK Supreme Court ruling on car finance commissions

LONDON (Reuters) -The UK's Supreme Court will announce a long-awaited ruling on car finance commissi...

31st July, 2025

Image for UK regulator drops cases against Libor scandal traders after court ruling
Finance

UK regulator drops cases against Libor scandal traders after court ruling

(Reuters) -Britain's financial regulator said on Friday that it was dropping proceedings against Tom...

25th July, 2025

Image for UK financial watchdog fines H2O's former deputy CEO, places ban
Finance

UK financial watchdog fines H2O's former deputy CEO, places ban

(Reuters) -Britain's Financial Conduct Authority on Friday imposed a fine of 1 million pounds ($1.34...

25th July, 2025

Image for UK to end ban on retail investors buying crypto exchange-traded notes
Finance

UK to end ban on retail investors buying crypto exchange-traded notes

LONDON (Reuters) -Britain's financial regulator is to remove a ban on consumers buying crypto exchan...

6th June, 2025