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Google should return money from scam warning ads to UK's FCA, lawmaker says

By Fiona Maxwell and Annie Robertson
  • 14 Jun 2021 12:09
  • 14 Jun 2021 12:09
Google is “laughing its way” to doubling its profits on scam advertisements as well as the UK regulator’s warnings placed against them, a lawmaker said today.

Rushanara Ali, a lawmaker in the opposition Labour party, said Google should return the roughly 600,000 pounds ($846,000) that the Financial Conduct Authority paid Googl

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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