What you need to know this week
Canada and Mexico announce retaliatory tariffs in response to new US import taxes.
AstraZeneca cancels a £450m expansion due to reduced government support.
Significant attention on welfare reform following pre-election promises with a focus on distinguishing genuine claimants from those gaming the system.
Barclays resolves payment issues but continues updating customer bank balances.
The FCA writes to claims management firms emphasising Consumer Duty compliance.
The next Consumer Understanding challenges event is scheduled for 27/02/2025.
The UK government proposes new data sharing powers under the DUA Bill.
AI adoption in financial services continues to grow, with the FCA fostering this innovation.
Equity release lending reaches £622m in the last quarter.
The Priority Services Register (PSR) focuses on enrolment and safe data sharing for vulnerable customers.
The use of AI to identify and support vulnerable customers is increasing.
Mortgage and consume...
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