The regulator has published an update on the potential industry-wide motor finance redress scheme which is now likely to include an implementation period and changes to the proposed customer communications.

MORE INFORMATION +
Source: FCA
Date: 4 March 2026

From 6 April 2026, people’s banks, pension providers, or other financial firms that are authorised for targeted support can provide suggestions designed for groups of consumers with common characteristics.

MORE INFORMATION +
Source: FCA
Date:2 March 2026

The FCA has added a starter guide covering common issues when submitting Product Sales Data to its website.

MORE INFORMATION +
Source: FCA
Date: 26 February 2026

The FCA reports its authorisations metrics quarterly to provide greater transparency of its performance. This data covers October to December 2025.

MORE INFORMATION +
Source: FCA
Date: 26 February 2026

The FCA is consulting on proposals designed to improve how consumer credit information is shared and used across retail lending markets. More details be read here.

MORE INFORMATION +
Source: FCA
Date: 25 February 2026

The Payments Vision Delivery Committee has published the Payments Forward Plan. The Plan sets out upcoming initiatives across retail and wholesale payments, including elements of digital assets.

MORE INFORMATION +
Source: GOV
Date: 26 February 2026

The Bank of England (BoE) has published its latest Money and Credit statistics for the month of January. The key figures highlight that:

• net mortgage approvals for house purchases decreased to 60,000 in January, below an average of around 64,100 over the previous 6-months. Approvals for remortgaging decreased slightly to 38,100 in January from 38,400 in December.
• net borrowing of consumer credit by individuals increased to £1.8 billion in January, from £1.7 billion in December, in line with the previous 6-month average of £1.8 billion. Within this, net borrowing through credit cards was £0.9 billion in January, up from £0.8 billion in December. Net borrowing through other forms of consumer credit (such as car dealership finance and personal loans) remained unchanged at £0.9 billion in January.

MORE INFORMATION +
Source: BoE
Date: 26 February 2026

The Money Charity has published its statistics for February. The figures highlight that

• inflation was 3%
• the average credit card debt per UK household was £2,709 in December
• the total unsecured debt per UK adult was £4,427
• the total debt, secured and unsecured, per UK household was £67,163

MORE INFORMATION +
Source: The Money Charity
Date: 2 march 2026