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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Consumer Duty: when is ‘just good enough’ not good enough?

13.05.24

Blog

Consumer Duty: when is ‘just good enough’ not good enough?

Combining good industry practice and lessons learned, as the one-year anniversary of the FCA’s Consumer Duty approaches.
The evolution of equity release: a push for flexibility and innovation

10.05.24

Blog

The evolution of equity release: a push for flexibility and innovation

In the ever-evolving landscape of equity release, a significant transformation is underway, propelled by the demand for greater payment flexibility.
Mortgage arrears and possessions Q1 2024

09.05.24

Press release

Mortgage arrears and possessions Q1 2024

UK Finance today releases its latest mortgage arrears and possessions data for Q1 2024, while highlighting continuing lender support for customers
Responsible AI in Recruitment guidance from the Department for Science, Innovation and Technology (DSIT)

09.05.24

Blog

Responsible AI in Recruitment guidance from the Department for Science, Innovation and Technology (DSIT)

Financial institutions use automated tools in their processes already and a wider range of AI-powered products are emerging quickly.
Reporting on Crypto-Assets – why you need to act now on CARF

08.05.24

Blog

Reporting on Crypto-Assets – why you need to act now on CARF

Led by the OECD, the new Crypto-Assets Reporting Framework (CARF) will bring digital assets into scope for tax reporting from 1 January 2026.
Monthly Economic Insight - May

07.05.24

Economic Insight

Monthly Economic Insight - May

The UK economy appears to have emerged from recession and headline inflation has continued to fall, in line with, the Bank of England’s expectation. This month we take a look at some the detail behind these indicators and whether the UK is now sailing in calmer economic waters, with interest cuts to follow.
Limiting the Impacts of Future Financial Crime, Design Considerations for Future Money

07.05.24

Blog

Limiting the Impacts of Future Financial Crime, Design Considerations for Future Money

The ‘future of money’ is a hot topic and the range of projects, experiments and pilots worldwide are testament to the important changes we can expect to see for our money and payment systems in the next decade.
The “Make-Or-Break” Moment for Motor Finance: Data Preparation

01.05.24

Blog

The “Make-Or-Break” Moment for Motor Finance: Data Preparation

Discretionary or variable commission arrangements are a mechanism that enables brokers or dealers to raise the interest rate charged to consumers in order to earn higher commission. As a result, the charged rate often exceeds the prevailing consumer rate.