New Contactless Payment Rules Allow Higher Limits at Major UK Supermarkets Wednesday, June 10, 2026 contactless payment fca supermarkets banks fraud inflation uk limits grocery Starting in 2026, shoppers at major UK supermarkets such as Tesco, Asda, Sainsbury’s, Aldi, Morrisons, and Lidl may soon be able to spend above the current £100 contactless payment limit. The Financial Conduct Authority (FCA) … Read More
Five New Bank Rules Set to Benefit Millions of UK Mortgage Customers After July 28 Tuesday, June 9, 2026 mortgages fca banking finance homebuying selfemployed regulation housing lending uk The UK mortgage market is poised for significant change following new proposals introduced by the Financial Conduct Authority (FCA). These changes aim to make it easier for first-time buyers, older borrowers, and … Read More
State Pensioners Born Before 1971 Increasingly Fully Withdraw Their Pension Pots Monday, May 18, 2026 pensions retirements withdrawals statepension savings tax inflation fca retirementplanning definedcontribution A growing number of state pensioners born before 1971 are choosing to fully withdraw their pension pots upon retirement, with data showing a notable jump in such actions. In 2024-25 alone, 462,160 pension pots were fully … Read More
Lloyds Bank Accepts FCA Motor Finance Redress, Triggering £829 Customer Payouts Thursday, April 30, 2026 lloyds fca compensation carfinance payouts bank economicimpact interestrates regulator financialservices Lloyds Bank has decided not to pursue a legal challenge against the Financial Conduct Authority’s (FCA) £9.1 billion compensation scheme aimed at customers mis-sold car finance agreements. This move clears the way for … Read More
Millions Waiting for £800 Car Finance Compensation Face Delays Amid Legal Challenge Tuesday, April 28, 2026 carfinance compensation fca consumervoice redress legalchallenge consumerprotection finance motorists payouts Millions of consumers awaiting compensation payouts of around £800 each in a car finance scandal now face significant delays due to a legal challenge against the Financial Conduct Authority’s (FCA) current compensation … Read More
Drivers with Number Plates from Past 17 Years to Receive £700 Compensation Payments Saturday, March 7, 2026 compensation carfinance fca motorists mis-selling payouts finance claims regulation uk Millions of drivers who purchased vehicles on finance over the last two decades are poised to receive compensation payments following a widespread car finance mis-selling scandal. The Financial Conduct Authority (FCA) has … Read More