The merchant banking firm posted an operating pre-tax loss of £103.8million for the six months ending January, compared to an £88.1million profit a year ago.

(Reuters) -British lender Close Brothers on Tuesday forecast legal costs for the year to be higher than it previously expected, as regulations over motor finance claims are being challenged by the ...

Some car and home insurers are still charging annual percentage rates (APRs) equivalent to pricey credit card lenders for customers to pay for cover monthly, despite repeated warnings that this could ...

In a previous alert, we discussed the proposals put forward by the UK Financial Conduct Authority (FCA) for all FCA-authorised firms to ...

The UK Financial Conduct Authority (FCA) has published observations on good and poor liquidity risk management practices from its multi-firm review ...

The chancellor is to meet regulator bosses as she unveils an action plan to cut the administrative cost of regulation on ...

The UK Treasury has launched a review of the Financial Ombudsman Service to tackle concerns that it behaves like a ...

British finance minister Rachel Reeves expressed satisfaction with efforts by financial regulators to spur economic growth by ...

Downing Street has rejected claims that the government is overhauling the welfare system because of the difficult fiscal ...

British finance minister Rachel Reeves said on Monday she was pleased with moves to boost economic growth taken by two of the ...

With the cost-of-living crisis squeezing household budgets, many shoppers are ditching cards in favour of hard cash to better manage their finances ...

The Government plans a shake-up to “cut costly red tape that fails to deliver for local communities”. Chancellor Rachel ...