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Treasury Committee

MPs and activists have criticised the UK banking sector after HSBC became the latest bank to report surging profits (Lucy North/PA)

MPs criticise UK banks after HSBC profits surge on higher interest rates

August 1, 2023

FCA chief executive Nikhil Rathi was asked about the buy now, pay later sector during a Treasury Committee hearing (Alamy/PA)

Regulator is ‘ready to go’ to bring buy now, pay later firms under its scope

July 19, 2023

The Financial Conduct Authority will monitor firms’ actions to comply with a new consumer duty and take appropriate steps, chief executive Nikhil Rathi said (Gareth Fuller/PA)

Savings providers must keep customers informed about available rates – watchdog

July 18, 2023

A group of MPs have launched a probe into sexism and misogyny in the City (Victoria Jones/PA)

MPs launch inquiry into sexism in the City after sector rocked by scandals

July 14, 2023

Average two-year fixed mortgage rates jumped to a 15-year high on Tuesday (Anthony Devlin/PA)

Average two-year mortgage rates at 15-year high as lenders are quizzed by MPs

July 11, 2023

Bosses from HSBC UK, NatWest, Lloyds and Barclays were among those invited to the meeting (Gareth Fuller/PA)

Banks recognise savers need more help accessing best rates, says City regulator

July 6, 2023

Bank bosses are meeting Financial Conduct Authority officials on Thursday (Joe Giddens/PA)

Financial watchdog to discuss savings rates concerns with bank chiefs

July 6, 2023

The City watchdog has revealed it is investigating whether hedge fund manager Crispin Odey is a ‘fit and proper person’ to work in financial services, as part of ‘intensive’ oversight of the firm he founded (PA)

FCA investigating whether Odey ‘fit and proper’ to work in financial services

July 5, 2023

Banks have been accused of profiteering by failing to pass on high interest rates to savers (Dominic Lipinski/PA)

Banks set for meeting with financial regulator over ‘profiteering’ claims

July 4, 2023

MPs are concerned saving rates are ‘too low’ in the light of the base interest rate reaching 5% (Matt Crossick/PA)

Bankers summoned to watchdog as savings rates trail mortgage costs

July 3, 2023

The committee has written to the bosses of Lloyds Banking Group, NatWest, HSBC UK and Barclays about their easy access savings rates (Dominic Lipinski/PA)

Banks pressed by MPs to make further rate hikes for savings customers

July 3, 2023

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