Economy
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Economy FCA Orders Nine Major Banks to Improve Access to Fee-Free Basic Bank Accounts
The Financial Conduct Authority has told the UK’s biggest banks and building societies to fix poor practice around basic bank accounts…
12 July 2026 -
Economy OBR Publishes 2026 Fiscal Risks Report Examining UK Public Finances Over 50 Years
The Office for Budget Responsibility has released its 2026 Fiscal Risks and Sustainability Report, setting out how tax, spending and debt…
12 July 2026 -
Economy UK Financial Services Activity Slumps in Q2 After Record Start to 2026, CBI Survey Finds
The Confederation of British Industry’s latest quarterly survey shows business volumes in UK financial services fell sharply in the second…
12 July 2026 -
Economy FCA’s Mills Review Sets Out to Map How AI Could Reshape UK Retail Financial Services by 2030
A review commissioned by the FCA Board is examining how artificial intelligence could transform banking, credit, insurance and financial…
11 July 2026 -
Economy UK Financial Services Firms Plan Biggest IT Spending Push Since 2021, CBI Survey Shows
A new CBI survey reveals financial services companies intend to raise IT investment to the greatest extent since September 2021, while…
11 July 2026 -
Economy Kent County Council Calls for Urgent Government Action on £112 Million Broadband Rollout
Kent County Council is pressing the Government to accelerate Project Gigabit after discussions with Building Digital UK and CityFibre, as…
11 July 2026 -
Economy FCA Finalises UK Cryptoasset Rules Ahead of October 2027 Launch
The Financial Conduct Authority has published its final rules for a new UK cryptoasset regime, due to come into force on 25 October 2027…
11 July 2026 -
Economy FCA Issues 28 Warnings in a Week as Investment Scam Threat Grows
The UK’s financial regulator is urging consumers to check its Warning List and Firm Checker after posting dozens of alerts about…
10 July 2026 -
Economy FCA Proposes Plain-English Investment Disclosure Rules to Replace EU-Era Documents
The Financial Conduct Authority has introduced a new Consumer Composite Investments disclosure regime that replaces existing PRIIPs and…
10 July 2026 -
Economy UK Economy Stagnates and Growth Forecasts Cut as US–Iran Tensions Drive Energy Price Surge
The CBI’s Deputy Chief Economist has assessed how developments between the US and Iran are rattling financial markets and weighing on an…
10 July 2026 -
Economy Nearly One in Three UK Businesses Now Using AI, ONS Figures Show
Office for National Statistics data show 29% of UK businesses reported using at least one type of artificial intelligence technology in…
10 July 2026 -
Economy FCA Motor Finance Redress Scheme Faces Legal Challenge Heard by Upper Tribunal in December 2026 or February 2027
The Financial Conduct Authority has confirmed that legal challenges to its motor finance consumer redress scheme will be heard by the Upper…
10 July 2026