A new independent review into the prudential supervision of the Co-operative Bank between 2008 and 2013 has been announced.
Financial Services
Latest Government News
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Tuesday, 06 March 2018
Monday, 19 February 2018
The government has extended James Furse’s contract as a Non-executive Director on the board of NS&I for a further year, up to 31 December 2018.
Wednesday, 07 February 2018
Donald Kohn will serve another three-year term on the Financial Policy Committee (FPC), and Martin Taylor a further 12-15 months.
Wednesday, 31 January 2018
Clare Lombardelli has been appointed as the new Director General, Economics and Chief Economic Advisor to the Treasury. She will take up the role on 3 April.
Monday, 29 January 2018
Senior executives in insurance will be held personally responsible for misconduct, as part of plans to extend the Senior Managers and Certification Regime.
Tuesday, 23 January 2018
A new watchdog launches today to strengthen the UK’s defences against money laundering and terrorist financing.
Saturday, 13 January 2018
Hidden charges for paying with a debit or credit card will be banned from today (13 January).
Friday, 05 January 2018
Charles Randell CBE has today been appointed as the Chair of the Financial Conduct Authority (FCA), effective from 1st April 2018.
Thursday, 21 December 2017
Draft legislation clarifies that no business borrowing through a peer-to-peer platform needs to be regulated as a ‘deposit taker’ unless that is their core business.
Thursday, 21 December 2017
A new watchdog has been created to further tighten the UK’s defences against money laundering and terrorist financing.
Tuesday, 19 December 2017
Over 900,000 new fee-free basic bank accounts were opened between July 2016 - June 2017, taking the total number of fee-free accounts open to nearly 5 million.
Friday, 15 December 2017
The event will bring together international investors and UK Fintechs for a day-long programme of talks and pitches promoting global investment in the sector.
Friday, 15 December 2017
More than a billion pounds of trade and investment will be agreed at the 9th UK-China Economic and Financial Dialogue.
Monday, 11 December 2017
New legislation now allows Insurance Linked Securities deals to take place within a new specially designed framework in the UK.
Wednesday, 06 December 2017
The Investment Management Strategy II sets out the government’s long-term approach to enhancing the UK’s position as a centre for asset management.
Wednesday, 06 December 2017
New competition to use rental payment data to improve credit scores and mortgage applications for the 11 million renters in Britain.
Friday, 10 November 2017
A further 26 firms sign up to the Women in Finance Charter which covers over 600,000 UK financial services employees.
Friday, 10 November 2017
A further 26 firms sign up to the Women in Finance Charter which covers over 600,000 UK financial services employees.
Thursday, 02 November 2017
The Chancellor has appointed Elisabeth Stheeman as an external member of the Financial Policy Committee (FPC).
Tuesday, 24 October 2017
New plans mean people struggling with serious debt may soon benefit from a ‘breathing space’ from their bills.
Wednesday, 20 September 2017
BBC Children in Need, The Royal Mint and HM Treasury launch Pudsey's Round Pound Countdown.
Wednesday, 13 September 2017
The annual meeting is a key part of the UK’s commitment to support the development of Islamic finance globally.
Thursday, 07 September 2017
Third UK-Singapore Financial Dialogue held in Singapore.
Thursday, 31 August 2017
Chancellor announces the re-appointments of Prudential Regulation Committee external members, Sandra Boss and Mark Yallop.
Friday, 25 August 2017
Co-operatives could save up to £10,000 a year thanks to new government proposals requiring fewer of them to appoint an auditor.
Saturday, 19 August 2017
First-time buyers have saved over £1.8 billion into their Help to Buy: ISAs.
Friday, 11 August 2017
Small businesses struggling to access finance from big banks have received almost £4 million of funding thanks to an innovative scheme.
Tuesday, 01 August 2017
'It's vital that we make sure our cutting-edge firms have the funding they need to meet their potential and conquer new markets' says Chancellor.
Monday, 31 July 2017
The Chancellor is in Brasilia for the second UK-Brazil Economic and Financial Dialogue.
Thursday, 27 July 2017
Sir David Ramsden has been appointed as the new Deputy Governor of Markets and Banking at the Bank of England.
Wednesday, 26 July 2017
A plan to resolve RBS’ final State aid commitment has been agreed in principle between the UK Government and the EU Commission.
Thursday, 20 July 2017
The UK will remain at the forefront of the global reinsurance market thanks to new rules for Insurance Linked Securities.
Wednesday, 19 July 2017
Consumers will have greater control over their bank data and financial decisions thanks to new laws coming into force in January.
Sunday, 09 July 2017
Women set to bag more top roles in the future as government’s push for greater diversity in financial services gathers pace.
Friday, 30 June 2017
Financial services sector urged to end the era of women being underpaid, underrepresented and undervalued and sign up to the Women in Finance Charter.
Friday, 23 June 2017
Terrorists and criminals will find it harder to move money through the UK financial system thanks to new rules coming into force on 26th June 2017.
Monday, 19 June 2017
The Chancellor has appointed Professor Silvana Tenreyro as an external member of the Monetary Policy Committee (MPC).
Sunday, 18 June 2017
John Griffith-Jones confirms he will leave both organisations at the end of his term of office, on 31 March 2018.
Monday, 12 June 2017
Mark Carney, Governor of the Bank of England reappoints Andrew Haldane as the Bank of England’s Chief Economist.
Wednesday, 17 May 2017
Lloyds Banking Group has been fully returned to private ownership.
Friday, 21 April 2017
British taxpayers have now recovered all of the £20.3 billion they injected into Lloyds Banking Group during the financial crisis.
Thursday, 13 April 2017
After a 24 hour competition the winners of the Pension Dashboard TechSprint have been announced.
Wednesday, 12 April 2017
As part of FinTech week 2017, the Economic Secretary kicks off a 24-hour TechSprint – challenging developers to build a pensions dashboard app.
Tuesday, 11 April 2017
New market-leading investment bond launched today by NS&I and will be on sale exclusively at nsandi.com for the next 12 months.
Tuesday, 04 April 2017
The agenda for the UK Fintech Week 2017 has been confirmed by the Chancellor.
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