Take care, competition is a delicate plant
Hardly a year goes by without the role of regulation in the economy being reconsidered. Even now, in the midst…
Treasury draft finance bill prioritising tax bills in insolvency cases
The UK government has published draft legislation for the upcoming Finance Bill, which emphasises the priority in insolvency cases will be outstanding tax bills over amounts owed to creditors such…
12 Jul 2019
FCA targets bank overdrafts with bans on fees
The Financial Conduct Authority (FCA) is introducing reforms to an overdraft market described by the regulatory body as ''dysfunctional''. According to the FCA, in 2017 firms made over £2.4bn from…
07 Jun 2019
04 Jun 2019
FCA issues rules for P2P sector in wake of Lendy failure
After a consultation, the Financial Conduct Authority (FCA) has introduced rules designed to prevent harm to investors. This follows coincidentally in the wake of the collapse of the Lendy P2P…
04 Jun 2019
UK government plans audit committees to tackle late payments
In the Spring Statement before UK parliament, Chancellor Philip Hammond announced "definitive action to tackle the scourge of late payments for our small businesses." This includes the requirement of company…
14 Mar 2019
Government to publish WLTP consultation ‘in coming months’
Chancellor Philip Hammond promised that a government consultation on the impact of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) would be published ‘in the coming months’ in yesterday’s Spring…
14 Mar 2019
13 Mar 2019
BVRLA: Fleet focus ‘necessary for ULEZ launch’
The British Vehicle Rental and Leasing Association (BVRLA) has called on policymakers to work more closely with fleets in tackling London’s air quality problem, one month before the launch of…
13 Mar 2019