News and insight

The UK Finance press office provides industry comment, information and data on banking and finance issues. We have a wide range of spokespeople available to speak to the media.

Journalists and media outlets can contact the press office on 020 7416 6750 or email press@ukfinance.org.uk. A duty press officer is always available via the same contact details for out of hours queries.

We are unable to deal with individual customer queries. Please contact your finance provider directly.

 

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Outcomes in Practice: a shared challenge

22.02.24

Blog

Outcomes in Practice: a shared challenge

With the major regulatory milestone approaching in March 2025, it would be tempting to focus on the “compliance victory” rather than driving to deliver operational resilience as an outcome.
Consumer Duty: how to assess fair value?

21.02.24

Blog

Consumer Duty: how to assess fair value?

2024 will see the first annual Consumer Duty board reports delivered, and implementation deadline of the Duty for closed products (both due by 31 July).
FCA introduces temporary complaint-handling rules for motor finance

20.02.24

Blog

FCA introduces temporary complaint-handling rules for motor finance

The FCA has used its powers under s.166 of the Financial Services and Markets Act 2000 (FSMA) to undertake a review of certain historic motor finance discretionary commission arrangements (DCAs) and sales across several motor finance firms (the Conduct Review).
Unlocking Financial Inclusion for SMEs

19.02.24

Blog

Unlocking Financial Inclusion for SMEs

Across the UK, small and medium-sized enterprises (SMEs) play a vital role in driving innovation, creating jobs, and fostering economic growth.
Deposit Aggregators: Implications for Prudential Risk

14.02.24

Blog

Deposit Aggregators: Implications for Prudential Risk

Over the last few years, deposit aggregators (DAs) have grown in both number and scale to become a significant part of the UK’s savings market infrastructure. As their reach has grown, the implications for prudential risk have attracted attention from regulators.
The diversity and inclusion agenda for the UK finance sector

13.02.24

Blog

The diversity and inclusion agenda for the UK finance sector

Whilst many firms already recognise the business case for having a diverse and inclusive workforce, we expect Diversity, Equity, and Inclusion (DEI) to take centre stage for financial services firms and their senior leaders in the coming years, amidst enhanced regulatory focus, further diversity reporting, and evolving societal expectations.
House of Lords oversight: Is another Parliamentary Committee to oversee financial services a positive development?

12.02.24

Blog

House of Lords oversight: Is another Parliamentary Committee to oversee financial services a positive development?

The creation of the new House of Lords (HoL) Financial Services Committee is not a surprise and represents an important and positive innovation in financial services (FS) regulation.
Mortgage arrears and possessions figures Q4 2023

08.02.24

Press release

Mortgage arrears and possessions figures Q4 2023

UK Finance today releases its latest mortgage arrears and possessions data for Q4 2023, while highlighting continuing lender support
Core Banking: Getting to the Heart of the Matter

08.02.24

Blog

Core Banking: Getting to the Heart of the Matter

Antony Jenkins, the former Barclays Bank CEO, recently suggested that banks risked being “museums of technology”. Core banking is the beating heart of traditional banking and the hardest to change. Career-making and career-ending decisions are made in this difficult-to-change area of the technical landscape comparable to open-heart surgery.