Banking & Finance

Just over a year – and countless column inches – since Administrators were appointed to BHS, the High Court of England and Wales has issued its decision in the case of BHS Group Limited (in Administration) v Retail Acquisitions Limited (full decision here: Decision). This case concerned an application by the Administrators of BHS Group… Read more »

Banking & Finance

The concept of Open Banking has been in the retail banking pipeline for a while now. As its full implementation draws closer, what does it mean and how will this affect banking services in the UK? Following the Competition and Markets Authority’s (CMA) review of the retail banking market, it was found that established banks… Read more »

Banking & Finance

March 2017 saw Brexit enter a new phase, with Article 50 triggered; in April an early General Election was announced. Both events were acknowledged by financial markets. In currency terms, sterling climbed against both the dollar and the euro immediately following delivery of the Article 50 letter and climbed again following the General Election announcement,… Read more »

Banking & Finance

The FCA has launched a consultation on persistent credit card debt and earlier intervention remedies. All firms providing credit card facilities to consumers, as well as other interested parties, have been invited to respond with their views by the deadline of 3 July 2017. Persistent debt The FCA’s definition of persistent debt is an account… Read more »

×