CMA

The energy regulator has put back plans to introduce a 'switching database', which would allow suppliers to contact rival firms' customers on the most expensive standard variable energy tariffs and offer them a cheaper deal.

Price comparison sites are generally serving their users well, but could improve to be an even more effective tool for consumers, according to the competition watchdog.

The levels at which a temporary prepayment price cap that's expected to help four million households save about £80/year have been set by energy regulator Ofgem.

Banks will be forced to make banking easier and fairer for millions of customers from later this year after receiving a "strict timetable" from the competition watchdog.

Regulator Ofgem is pushing ahead with plans to encourage customers to find the best energy deals, with a series of trials taking place that will include forcing suppliers to reveal cheaper tariffs offered by rivals.

Lloyds Banking Group has today announced plans to buy MBNA in a deal that would see it control over a quarter of the UK credit card market - but the banking giant has vowed there will be "no immediate impact" for customers of either firm.

The competition watchdog has warned it will take action against secondary ticketing websites found to be flouting consumer law, after it launched a formal probe today.

Care home residents and their families who have encountered hidden charges or unexpected fee increases are being encouraged to notify the Competition and Markets Authority (CMA) as part of its investigation into whether people in care homes are being treated fairly.

The Financial Conduct Authority (FCA) has today announced it will help make current accounts more open and competitive by developing a range of prompts and alerts for customers to review their bank account choices and overdraft use.

The effectiveness of price comparison websites is to come under scrutiny from the Competition and Markets Authority (CMA) in a new probe.