FCA considers increase in contactless limit after PM’s decree to watchdogs | Money News Aitrend

FCA considers increase in contactless limit after PM’s decree to watchdogs | Money News

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City watchdog considers formal proposal to increase Britain’s £100 contactless spending limit as part of response to prime minister’s order for regulators to remove barriers to economic growth. Sky News has learned that the Financial Conduct Authority’s response to a Christmas Eve letter from Sir Keir Starmer, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds … Read more

FSB urges watchdogs to heed Starmer’s growth decree | Money News Aitrend

FSB urges watchdogs to heed Starmer’s growth decree | Money News

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Britain’s leading small business group has appealed to economic watchdogs to heed Sir Keir Starmer’s executive order to remove regulatory barriers to growth with a new list of reform demands. Sky News has obtained a letter from the FSB to more than half a dozen regulators, including Ofgem and the Financial Conduct Authority, in which … Read more

Starmer challenges watchdogs with growth decree | Money News Aitrend

Starmer challenges watchdogs with growth decree | Money News

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Sir Keir Starmer has ordered Britain’s top watchdogs to remove barriers to growth in a bid to revive Britain’s flagging economy. Sky News has learned that the Prime Minister wrote to more than ten regulators – including Ofgem, Ofwat, the Financial Conduct Authority and the Competition and Markets Authority – on Christmas Eve demanding they … Read more