Regulation

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News
The NAO says some customers are being left behind
Vulnerable consumers ‘left behind’

Removing price controls in energy, telecoms and postal markets has proved beneficial but some “vulnerable” consumers are being left behind, a report warns. The National Audit Office (NAO) reports that the introduction of competition by regulators Ofgem, Ofcom and Postcomm between 2002 and 2006 has allowed consumers to find a better deal by switching providers…. Read more »

News
Darling considers immunity for City grasses
City could gain whistleblower protection

The Treasury is considering extending whistleblower protection to the City in a bid to prevent market manipulation. It is hoped the power would encourage people to come forward with evidence of fraudulent activity without fear of prosecution. Shares in bank HBOS tumbled last week when false rumours were spread about the bank. The Financial Services… Read more »