A man has been charged with dozens of sexual offences following a police investigation into child sexual abuse.
12.04.2024 - 16:49 / manchestereveningnews.co.uk
The Financial Conduct Authority (FCA) has warned motor finance firms to put away some cash as it continues its investigation into the sector.
The regulator revealed that many firms "are struggling to promptly provide" the data it needs as part of the probe into customer complaints regarding overcharged finance. The ombudsman said in January that it heard from more than 10,000 people who believe they were charged to much and suggested it will look into compensation if widespread misconduct is revealed.
It had written to firms involved in the investigation to call on them to engage with the process and ensure they have the funds they need. In an update on Friday, the regulator said the review is ongoing but highlighted some issues regarding the information it needs.
Read more: Car finance firms could face millions of claims 'on par with PPI scandal'
The FCA said: "Firms involved in our review have engaged with us constructively. However, many firms are struggling to promptly provide the data we need.
“Reasons for this include data being stored on multiple systems and/or being spread between lenders and brokers. In some older cases, firms have not retained all relevant records.”
“We expect you to undertake an assessment of whether your firm’s financial resources are adequate,” the FCA told companies in the letter. Some banks have already confirmed they will set aside funds to address the issue.
Lloyds Group, which owns finance-provider Black Horse, has told shareholders they have a provision worth £450 million to cover potential costs. The FCA has also confirmed that Barclays has launched a judicial review appeal against the ombudsman judgement which sparked the review.
The FCA said it will set out its next steps in the
A man has been charged with dozens of sexual offences following a police investigation into child sexual abuse.
A third man has been arrested by officers investigating a burglary in the High Peak during which two men were shot. One man died and another was seriously injured in the incident Whaley Bridge, close to the Derbyshire border with Greater Manchester, in the early hours of this morning (Wednesday, May 1).
Kamasi Washington has enlisted funk icon George Clinton and rapper D Smoke for a new track, ‘Get Lit’.The suave new track is taken from his forthcoming album ‘Fearless Movement’, which will land on Friday (May 3).It follows previous singles ‘Prologue’, ‘Dream State’ (featuring André 3000) and ‘The Garden Path’, which Washington performed for the first time ever in 2022 while making his late-night television debut on The Tonight Show Starring Jimmy Fallon.Check out ‘Get Lit’ below:Speaking about his forthcoming seventh album in a press release, Washington has referred to ‘Fearless Movement’ as his dance album. “It’s not literal.
Taylor Swift meme, using it to take a swipe at Bill Clinton and reference her infamous 1990s scandal. The social activist became internationally known in 1998 when it emerged that the sitting US president Clinton, 50, had been having an affair with her for two years, while she, aged 22, was working as a White House intern. Clinton was later impeached as a result of the scandal.
Two teenage boys arrested after a 65-year-old man was attacked at a bus station have been released on bail, police have confirmed.
Following their success with the Quiet on the Set docuseries exploring Nickelodeon and the dark side of children’s TV, ID is now releasing a new docuseries called Fallen Idols: Nick and Aaron Carter.
Greater Manchester Mental Health Trust's (GMMH) investigation into the death of Charlie Millers has been described as 'lacking' after bosses failed to speak to all staff members working on the ward at the time when the teenager was fatally injured there.
Olly Murs has opened up about the emotional way his late friend Caroline Flack, who tragically passed away in 2020, continues to have a presence in his life.The singer and TV star revealed that Caroline often appears in his dreams, offering him comfort.The singer, 39, who recently welcomed his first child with his wife Amelia Tank, presented The X Factor alongside Caroline in 2015 and was close friends with the host, said: "I would love to talk to Caroline again. She was a huge part of my life and career. Special person, special friend." "We had an interesting relationship, but it was great.
People looking to take advantage of the new Independent Savings Account (ISA) rules that give greater freedom to savers will struggle to find any major bank following them, as no high street banks are currently offering partial transfers or multiple accounts to their customers.
The Broadway musical Suffs just officially opened and a star-studded crowd stepped out to check out Hillary Clinton and Malala Yousafzai‘s producing debut!
Simon Lennon has shared a health update with fans, revealing that he has been hospitalised four times over the past year.The actor, who graced our screens in Emmerdale from 2020 to 2021, before his character met a grisly end at the hands of Meena Jutla, took to Instagram to open up about his health battles. Posing in a hospital gown, he penned a heartfelt message: "Was in hospital last week to have a small procedure/surgery and was feeling quite reflective.
Police were called in after the family of a 12-year-old girl reacted angrily to a coroner's ruling that there was 'insufficient evidence' to say that a delay by hospital staff in carrying out a head scan contributed to her death.
An investigation into the conduct of the incoming Rochdale mayor has concluded.
The discovery of a Halloween prop - amid a police murder investigation into human remains found in Salford - sparked an alert at a nearby rugby club.
We’ve heard of car guys, but this is ridiculous!
Anna Paquin is addressing concerns about her health.
Anna Paquin is updating fans on her health.
Paris Hilton and her husband Carter Reum are parents to two babies: a son named Phoenix and a daughter named London.
This is heartbreaking! Angie Harmon is mourning her f
An arrest has been made after five parked cars were damaged in a dramatic collision over the Easter bank holiday. Images from Manchester Old Road, in Middleton, showed neighbours watching on after a grey Citroen DS4 hit the stationary vehicles on Sunday night (March 31).