Tag: City of London

The UK government has said it will give financial watchdogs more powers to ‘clamp down’ on BNPL firms as it prepares to publish a regulatory update.

A report by the Socio-Economic Diversity Taskforce has called for people with more non-professional backgrounds to enter the boardroom.

Rishi Sunak could be about to enter battle with City of London regulators after he confirmed the government will press ahead with new intervention powers for ministers. 

Prime Minister Liz Truss has said she plans to help the City of London maintain its competitive edge and ‘supercharge growth and investment’.