Monzo celebrates fourth year on top of bank satisfaction rankings Banking Monzo has once again taken first place in an official league table measuring whether customers would recommend their bank to friends and family, with the firm marking four years in the top spot. The digital-only bank, founded in 2015, has topped the Competition and Markets Authority’s (CMA) biannual current account satisfaction ranking since August 2020, [...]
CMA rebukes four banks for failing to provide correct information to customers Banking The competition watchdog has publicly rebuked four banks for failing to comply with rules ensuring lenders provide clear and up to date information to their customers.
Microsoft hires from Inflection AI now under microscope from competition watchdog Tech The CMA has set an 11 September deadline to decide whether the case will progress to a phase two investigation.
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
CMA launches investigation into £2.5bn Barratt-Redrow merger June 14, 2024 The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.
Emma Sleep: CMA threatens legal action against mattress firm over pricing tactics May 29, 2024 The Competition and Market Authority has threatened mattress company Emma Sleep with a lawsuit unless it "commits to changing its practices"
Tribunal reverses CMA’s £35m fine against four anti-nausea pharmaceutical firms May 28, 2024 Four pharmaceutical companies have successfully appealed and reversed a £35m fine imposed by the competition regulator over anti-nausea tablets
FCA’s anti-greenwashing guidance comes into force next week. Lawyers explain what to expect May 26, 2024 The FCA's new anti-greenwashing guidance comes into force next week. Lawyers explain to City A.M. what companies should expect from this and the implications if they mess up
UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 May 4, 2024 The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".