Showing 1 to 12 of 26 results
FCA Fines Woodford \£45.89 Million for Fund Collapse
The FCA fined Neil Woodford \£5.89 million and his firm \£40 million for mismanagement of the Woodford Equity Income fund, which collapsed in 2019, leaving approximately 300,000 investors with significant losses; the fines are considered insufficient compensation by many victims.
FCA Fines Woodford \£45.89 Million for Fund Collapse
The FCA fined Neil Woodford \£5.89 million and his firm \£40 million for mismanagement of the Woodford Equity Income fund, which collapsed in 2019, leaving approximately 300,000 investors with significant losses; the fines are considered insufficient compensation by many victims.
Progress
52% Bias Score
UK to Sell Seized Bitcoins to Address Budget Deficit
The UK plans to sell approximately 61,000 bitcoins seized in a 2018 Chinese Ponzi scheme to offset a \$23 billion budget deficit, generating approximately \$6.2 billion at current market prices, despite risks associated with cryptocurrency volatility.
UK to Sell Seized Bitcoins to Address Budget Deficit
The UK plans to sell approximately 61,000 bitcoins seized in a 2018 Chinese Ponzi scheme to offset a \$23 billion budget deficit, generating approximately \$6.2 billion at current market prices, despite risks associated with cryptocurrency volatility.
Progress
44% Bias Score
Inheritance Tax Triples as Families Misunderstand Gifting Rules
In 2024-25, £61 million in inheritance tax was levied on 220 estates due to incorrectly executed gifts, where families retained benefits of gifted assets; this issue is expected to worsen as pension inclusion in inheritance tax calculations takes effect in 2027.
Inheritance Tax Triples as Families Misunderstand Gifting Rules
In 2024-25, £61 million in inheritance tax was levied on 220 estates due to incorrectly executed gifts, where families retained benefits of gifted assets; this issue is expected to worsen as pension inclusion in inheritance tax calculations takes effect in 2027.
Progress
52% Bias Score
Surge in UK "Remote Purchase" Fraud Driven by Passcode Exploitation
In 2024, UK Finance reported a 22% surge in "remote purchase" fraud, reaching almost 2.6 million cases—over 7,000 daily incidents—primarily due to criminals exploiting one-time passcodes obtained through phishing or data breaches, despite overall fraud losses remaining stable at around £1.2 billion.
Surge in UK "Remote Purchase" Fraud Driven by Passcode Exploitation
In 2024, UK Finance reported a 22% surge in "remote purchase" fraud, reaching almost 2.6 million cases—over 7,000 daily incidents—primarily due to criminals exploiting one-time passcodes obtained through phishing or data breaches, despite overall fraud losses remaining stable at around £1.2 billion.
Progress
28% Bias Score
UK Fintech Bank Faces Closure Amid Regulatory Investigation
The Bank of London, under investigation by the UK's PRA for pre-2024 breaches, faces potential closure due to a £12m loss and auditor concerns, despite a promised £25m in additional funding.
UK Fintech Bank Faces Closure Amid Regulatory Investigation
The Bank of London, under investigation by the UK's PRA for pre-2024 breaches, faces potential closure due to a £12m loss and auditor concerns, despite a promised £25m in additional funding.
Progress
48% Bias Score
ISA and NI Contribution Deadlines Approaching
The deadline for maximizing tax-free savings via ISAs (£20,000 annual limit) and boosting state pension income through voluntary National Insurance contributions is April 5th. Individuals can utilize various ISA types (cash, stocks and shares, innovative finance, and Lifetime ISA), while NI top-ups ...
ISA and NI Contribution Deadlines Approaching
The deadline for maximizing tax-free savings via ISAs (£20,000 annual limit) and boosting state pension income through voluntary National Insurance contributions is April 5th. Individuals can utilize various ISA types (cash, stocks and shares, innovative finance, and Lifetime ISA), while NI top-ups ...
Progress
44% Bias Score
City Investors Fight Online-Only Shareholder Meetings
City investors are campaigning against the move by FTSE 100 companies to online-only AGMs, arguing that face-to-face meetings are vital for sustainable economic growth and corporate accountability, citing Nationwide's recent virtual AGM as an example of reduced shareholder engagement.
City Investors Fight Online-Only Shareholder Meetings
City investors are campaigning against the move by FTSE 100 companies to online-only AGMs, arguing that face-to-face meetings are vital for sustainable economic growth and corporate accountability, citing Nationwide's recent virtual AGM as an example of reduced shareholder engagement.
Progress
52% Bias Score
UK Savings Disparity: Leeds Reforms Aim to Boost Investment, But Safeguards Are Crucial
The UK's Financial Conduct Authority highlights a vast difference between savings and investment account holdings, with only 39% of UK adults investing compared to 71% saving, despite historical stock market outperformance; the Leeds Reforms aim to change this, but safeguards are needed to prevent e...
UK Savings Disparity: Leeds Reforms Aim to Boost Investment, But Safeguards Are Crucial
The UK's Financial Conduct Authority highlights a vast difference between savings and investment account holdings, with only 39% of UK adults investing compared to 71% saving, despite historical stock market outperformance; the Leeds Reforms aim to change this, but safeguards are needed to prevent e...
Progress
44% Bias Score
Review of UK Bank Ringfencing Regime Announced
Rachel Reeves announced a review of the UK bank ringfencing regime, prompted by banks seeking its removal, while the Bank of England Governor defended it, citing increased safety and lower loan costs; other reforms included an advertising campaign to encourage stock market investment and various reg...
Review of UK Bank Ringfencing Regime Announced
Rachel Reeves announced a review of the UK bank ringfencing regime, prompted by banks seeking its removal, while the Bank of England Governor defended it, citing increased safety and lower loan costs; other reforms included an advertising campaign to encourage stock market investment and various reg...
Progress
40% Bias Score
UK Fraud Losses Remain High Despite Slight Decrease in 2024
In 2024, UK fraud losses totaled £1.17 billion, slightly down from 2023, with unauthorized fraud increasing by 2% to £722 million due to a surge in remote purchase fraud, while authorized push payment (APP) fraud fell, and banks reimbursed £267.1 million under new regulations.
UK Fraud Losses Remain High Despite Slight Decrease in 2024
In 2024, UK fraud losses totaled £1.17 billion, slightly down from 2023, with unauthorized fraud increasing by 2% to £722 million due to a surge in remote purchase fraud, while authorized push payment (APP) fraud fell, and banks reimbursed £267.1 million under new regulations.
Progress
44% Bias Score
Regular Savings Accounts: High Interest Rates, but with Conditions
Regular savings accounts offer interest rates up to 7 percent for monthly contributions, but lump-sum savers earn less interest; several providers offer varying terms, including withdrawal restrictions and eligibility criteria.
Regular Savings Accounts: High Interest Rates, but with Conditions
Regular savings accounts offer interest rates up to 7 percent for monthly contributions, but lump-sum savers earn less interest; several providers offer varying terms, including withdrawal restrictions and eligibility criteria.
Progress
48% Bias Score
Urgent Warning: Maximize Cash ISA Contributions Before April 5th Deadline
Martin Lewis warned British savers to maximize their Cash ISA contributions before the April 5th deadline to avoid losing the £20,000 annual tax-free allowance; he also explained the interplay between Cash ISAs and personal savings allowances.
Urgent Warning: Maximize Cash ISA Contributions Before April 5th Deadline
Martin Lewis warned British savers to maximize their Cash ISA contributions before the April 5th deadline to avoid losing the £20,000 annual tax-free allowance; he also explained the interplay between Cash ISAs and personal savings allowances.
Progress
44% Bias Score
Showing 1 to 12 of 26 results