Cost of skilled persons reports hits £145m

Though there are fewer S166 reviews under the FCA the average cost has more than quadrupled to £3m.

Tyrie questions FCA over cost of skilled person reports

Treasury select committee chair Andrew Tyrie says he is “particularly concerned” about cost to firms and customers.

FCA reopens over two million PPI complaints

Regulator asks firms to review complaints about missold PPI as redress bill hits £16bn.

FCA bans and fines adviser £350k for Ucis failings

Director of London-based advice firm promoted Ucis without adequate checks. 

Japan economy shows signs of stagnation

Japanese GDP contracted sharply during Q2 following increase in consumption tax.

House prices rises hit 11%

Average UK property increased in valued by 11 per cent year-on-year in August.

NatWest repeals mortgage ban against Financial Ltd advisers

Lender suspended new mortgage applications earlier this month.