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Insurers must not penalise loyal customers, says FCA

People renewing their home or motor insurance will pay no more than new customers from January.

The Financial Conduct Authority has also dropped proposals to restrict exit fees paid by investors.

At Davos 2020, the beverage giant reportedly said it would stand by its single-use plastic bottle because thats what consumers want.

Millions of savers who leave money in the same account for years should get a better deal, the regulator says.

Failings in the home and car insurance markets mean people pay on average 200 too much, the City regulator says.

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