Tory peer Lord Marland ‘in the running’ to chair competition watchdog March 29, 2021 Tory grandee Lord Marland is said to be in the running to become the next chairman of the Competition and Markets Authority (CMA) in what could be the latest political appointment by Boris Johnson. Lord Marland, a former Conservative minister, is one of several names being circulated at the Department for Business, Energy and Industrial [...]
Apple hits back at App Store competition probe with UK jobs claim March 15, 2021 Apple today said its App Store supports 330,000 jobs in the UK as it hit back against a probe into claims it treats app developers unfairly. Earlier this month the Competition and Markets Authority opened an investigation into whether Apple imposes unfair or anti-competitive terms on developers after it received a number of complaints. The [...]
Regulator could confirm major City listing overhaul in a matter of weeks June 10, 2024 The FCA's board will reportedly meet on 27 June, when regulators will decide on whether to approve the final version of the reform package.
TfL under fire over ‘hidden subsidies’ for Uber Thames Clipper services June 30, 2021 Transport for London (TfL) is tonight under pressure after a complaint was lodged with the Competition and Markets Authority (CMA) over “hidden subsidies” for the Uber Thames Clipper ferry service. Romford MP Andrew Rosindell and London Assembly Member Keith Prince have written to the CMA saying that the firm is being given “an unfair and [...]
JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
Watchdog opens competition probe into Uber’s Autocab takeover January 29, 2021 The competition watchdog has opened an investigation into Uber’s planned takeover of taxi tech firm Autocab. The Competition and Markets Authority (CMA) today said it had launched a probe and was inviting views on how the deal could impact the private hire vehicle market in the UK. Stockport-based Autocab sells booking and dispatch software to [...]
Brookfield: Private capital giant files to create UK insurer amid pensions deal boom July 8, 2024 Canadian private capital giant Brookfield has reportedly applied to establish an insurance company in the UK as it looks to grab a slice of Britain's booming pension insurance market.
Wholesale data: Firms stuck in ‘endless cycle’ of price rises due to aggressive pricing strategies January 18, 2024 "Firms procuring market data never catch up with what vendors say they should be paying," Mike Carrodus said.
Treasury Select Committee chair calls out UK banks for treatment of SMEs during Covid crisis April 20, 2021 Treasury Select Committee chair calls out UK banks for treatment of SME during Covid crisis
CMA to investigate Google over anti-competitive ‘Sandbox’ behaviour January 8, 2021 The competition watchdog has launched an investigation into alleged anti-competitive behaviour following proposed changes to its so-called ‘Privacy Sandbox’. The Competition and Markets Authority (CMA) probe was launched following a string of complaints, including from the Marketers for an Open Web group, which argue Google is abusing its market power. “Google’s Privacy Sandbox proposals will [...]