Weekly Headline Roundup: 07-02-2025

Headline Update 07-02-2025 :

-> Improving our understanding of how financial services regulation affects economic growth

-> FCA calls on Govt to lay out acceptable level of mortgage defaults  – Mortgage Strategy

-> Struggling households urged to get support with debt set to peak

-> Generative AI in Action: Opportunities & Risk Management in Financial Services | Policy and Guidance

-> Investing in AI to identify and support vulnerable customers

-> Unpacking the Proposed Data (Use and Access) Bill

-> Equity release lending grew to £622m in last the quarter

-> Over 21 Million Expect Finances To Worsen. StepChange

-> Chatbot Software Begins to Face Fundamental Limitations

-> How AI is transforming strategy development

-> Half a million pensioners are still paying off their mortgages

-> Average car insurance premium drops to 19-month low

-> One in eight turned to BNPL for the first time last year

-> Credit Union lending increased by over £250m in the past year

-> Consumers moving towards fintechs and neobanks for their main bank card