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Business News

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Business News

FCA to introduce new consumer duty

The Financial Conduct Authority (FCA) is set to introduce a new consumer duty to better protect users of financial services. The new rules will help tackle harmful practices such as…

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10/12/2021
Business News

New Covid restrictions are a ‘setback for businesses’, warns CBI

New restrictions in England aimed at limiting the spread of the Omicron variant of Covid-19 are a 'setback for businesses' the Confederation of British Industry (CBI) has warned. The new…

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09/12/2021
Business News

CBI lowers growth forecasts as economy faces headwinds

The UK's economy will grow more slowly than previously expected, according to the latest data from the Confederation of British Industry (CBI). The CBI cut its forecasts for economic growth…

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08/12/2021
Business News

Gender pay gap has seen ‘barely any change’ over past 25 years, IFS finds

A report published by the Institute for Fiscal Studies (IFS) has suggested that the gender pay gap 'has barely shifted' in the past 25 years. The business group found that…

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07/12/2021
Business News

Rising inflation could push family spend up £1,700 a year

A typical UK family will spend £1,700 more per year on household costs in 2022, according to a forecast for BBC Panorama. The analysis, conducted by the Centre for Economics…

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06/12/2021
Business News

FCA urges banks to free ‘mortgage prisoners’

Banks and building societies have been urged to consider changes to lending criteria to help so-called 'mortgage prisoners'. The Financial Conduct Authority (FCA) has reviewed the situation of around 47,000…

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03/12/2021
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