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The body charged with overseeing the regulation of payments systems will be abolished, the government has announced. The Payment Systems Regulator (PSR) — which governs payment systems like Faster Payments and Mastercard — is set to be consolidated into the Financial Conduct Authority (FCA). It follows reports of complaints from businesses that the regulatory environment… Read more »
The prime minister addressed a meeting of the Parliamentary Labour Party (PLP) yesterday evening with a clear message for his natural allies and awkward squad critics alike. First came his broader, more abstract pitch. Gazing beyond the crowded committee room, Keir Starmer gestured to a world that is “moving quickly”. The prime minister was plain:… Read more »
