Financial Services Financial Services

UK credit providers should support consumers struggling with rising living costs, FCA says

By Fiona Maxwell
  • 16 Jun 2022 10:52
  • 16 Jun 2022 10:52
More than 3,500 UK lenders have been reminded to support struggling borrowers as living costs bite in a letter from the financial regulator, which also warned more than 30 firms of “serious failings” in how they treat customers. 

The UK Financial Conduct Authority wrote to more than 3,500 consumer credit firms

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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, 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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