Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
Councils and schools urged to do more as figures show there is no information on whereabouts of 32,100 ‘Neets’
Policy
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
Minutes of the London FXJSC Main Committee Meeting – 26 March 2026
Andrea Rosen (Chair, Bank of England) welcomed James Ellery (Goldman Sachs) and Oliver McCausland (FCA) to the Committee.Ms Rosen also welcomed Alina Ishmuratova (JPMorgan), Paul Robson (NatWest Markets) and Vasileios G…
Payments Vision Delivery Committee update on future retail payments infrastructure
The Retail Payments Infrastructure Board (RPIB), led by the Bank of England, recently published a consultation on the future retail payments infrastructure.
Pension firms must do more for customers in older pensions and fund savings
The FCA has found that people holding legacy pension products, now closed to new savers, could be receiving poorer value than those in newer ones.
FCA ordered to partly suspend car finance compensation scheme
Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payouts
Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stock
Motor finance scheme partially suspended
The Upper Tribunal has made an order suspending parts of the scheme. We set out what the partial suspension means for firms and consumers.
Financial regulator to simplify investment disclosure regime
The FCA is proposing to simplify how platforms, advisers and wealth managers communicate the costs of investing while reminding firms to communicate with consumers about investing in plain English.
Minutes of the London FXJSC Operations Sub-Committee Meeting – 18 March 2026
James Kaye (Chair, HSBC) welcomed new Committee members: Ellie McCormack (FCA) replacing Oliver McCausland, and Hendrik van der Merwe (Northern Trust) replacing Nikki Woodley.
Billionaire to invest £35bn in small modular nuclear reactors roll out across UK
Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 years
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’
OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says
Starmer’s goodbye gift to Britain: a US pharma deal that could be more lethal than Covid | Aditya Chakrabortty
This shadowy treaty on medicine imports will cost the NHS billions and take funding away from doctors, nurses, cancer scans and the rest
Trump refuses to renew US-Canada-Mexico trade pact he once championed
Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal
Federal Reserve issues initial findings from its 2025 triennial payments study
The Federal Reserve on Wednesday issued initial findings from its 2025 triennial payments study. The information shows how consumers and businesses chose to make noncash payments, using different types of cards, ACH pay…
Crypto and stock stakes: key takeaways from Trump’s financial disclosures
US president raked in more than $1bn from crypto – an industry he has sought to deregulate – and a total of $2.2bn last year, files reveal
UK national lottery funding too concentrated in south, Nandy says
Culture secretary launches first review of how money is spent in more than two decades
No console-flation: how the thirst for AI chips is sending games console prices soaring
AI datacentres, memory scarcity and factory capacity are costing consumers –and console makers
‘Most spectacular own goal in history’: new EU rules threaten to shut out UK car manufacturers
EU urged to make UK exempt from rules that risk becoming the most damaging consequence of Brexit yet
US cooking oil market shrinking due to Ice pressures on Latino households, Mazola owner says
The US cooking oil market is shrinking and unlikely to improve soon because of economic and immigration enforcement pressures on Latino households, the owner of the Mazola brand has said.
Rapid spread of AI may worsen global inequality, UN warns
Panel proses shared framework for responsible AI development as adoption grows unevenly across world
Call to suspend new EU border system in peak holiday period as planes leave half full
Airlines and airports say passengers are struggling in queues of up to five hours for biometric checks
Trump’s affordability crisis hits his supporters hardest as he calls housing bill of ‘minor importance’
A housing shortfall, record home costs and cuts to subsidies are intensifying the US affordability crunch