Catch up on the latest finance news in this weeks round-up…


Barclays boss Jes Staley faces penalty for ‘conduct breach’

Jes Staley is facing a fine by UK regulators for breaching rules when he tried to identify a whistleblower at the bank.

World Bank recommends fewer regulations protecting workers

Lower minimum wages and greater hiring and firing powers for employers have been deemed necessary to prepare for the changing nature of work, according to the World Bank.

Car insurance premiums fall for third quarter in a row

Comprehensive car insurance premiums fell by 7% in the first three months of 2018. This is the largest quarterly drop in four years.

Equity release lending doubles in two years

Lending activity hit a record £870m in the first quarter of 2018 – 120% more than the first three months of 2016.

Carney: Brexit talks could delay interest rate rise

Major decisions on Brexit will affect how fast interest rate rises will occur, according to the governor of the Bank of England.

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