Hints and tips:
...James Sassoon, the former civil servant charged with creating the blueprint, says it was clear ahead of the crisis that, from “the division of responsibility for identifying problems, and where the tools...
...Martyn James, its head of media, said that “issues to do with debt and financial difficulties were being passed to debt collectors too quickly and were still too high”....
...When this uptick was first detected in mid-April, FCA interim chief executive Chris Woolard told the FT it was likely to have been caused by parents and grandparents seeking to help children hit by the Covid...
...Mr Woolard said: “Intense competition means low prices as lenders cut rates to stay in the game — good news for borrowers. But it also means that lenders look to other areas of the market for growth.”...
...Christopher Woolard, interim chief executive of the FCA, said: “The UK’s capital markets will play a vital role in providing finance to businesses to help aid the recovery from this crisis....
...Closing quote — essential comment before you go Lombard That City watchdogs have now twice initiated a probe into James E Staley, aka Jes Staley, chief executive of Barclays, is jaw-dropping....
...“The only way that the price playing field can be levelled is for new customers to get a worse deal,” said Rob James, a fund manager at Merian Global Investors....
...Mr Woolard also warned lenders to be more careful about providing equity release mortgages, which allow over 50s to borrow against the value of their homes....
...James Barham, chief executive of River and Mercantile, said he was “disappointed” by the FCA’s decision but his group was confident that changes it had made to its procedures would help it to uphold “the...
...Christopher Woolard, executive director of strategy and competition at the FCA, said: The mortgage market is one of the largest financial markets in the UK and there have been significant changes to the...
...James O’Sullivan of the Building Societies Association said its members would work with the FCA to “provide relevant and helpful information to customers who find themselves in vulnerable circumstances”....
...Christopher Woolard, executive director of strategy and competition at the FCA, said it was a “significant step” for the watchdog to instigate the probe....
...be the biggest financial commitment most people make in their lifetime, we’re keen to ensure that competition in the mortgage sector is healthy and working to the benefit of consumers,” said Christopher Woolard...
...“We want stakeholders to have access to a wide range of information about the value of general insurance products that goes beyond price,” said Christopher Woolard, the FCA’s executive director of strategy...
...“Some consumers are already seeing benefits but there are also some risks to consumer outcomes,” said Christopher Woolard, the director of strategy and competition at the FCA....
...mask inflated fees and estate agents who restrict a buyer’s choice of mortgage broker are two of the practices that the City regulator will tackle in a sweeping study of the UK’s home loan market, writes James...
...Christopher Woolard, director of strategy and competition, said: “We believe there’s a debate to be had about what products and markets could exist and whether more entrants, more innovation in this space...
...Mr Woolard acknowledged that some complexity was inevitable in a free and competitive market....
...If you have a gripe about your mortgage, Christopher Woolard wants to hear about it....
...Mr Woolard suggested the FCA could use regulation to foster growth in the segment....
...Christopher Woolard, director of strategy and competition, said a “really important market in the UK” could “potentially work better” for customers who are persistently in debt....
...Christopher Woolard, FCA director of policy, risk and research, said: “It’s important that firms now get on top of the issues that are driving complaints....
...Barry James, founder of The Crowdfunding Centre, said: “It takes the crowd out of equity crowdfunding.”...
...James Cameron, of the London-based Climate Change Capital investment group, agrees that companies are doing far more to deliver environmental objectives....
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