Financial Conduct Authority

In our response to the FCA’s consultation on credit advertising, we warn against proposals to weaken representative APR rules and cost disclosure protections. We urge the FCA to maintain robust, specific rules—such as the 51% representative threshold and mandatory maximum APR disclosures—because high-level principles alone are failing to prevent consumer harm.

June 19, 2026

10

 min read

The Financial Conduct Authority is in the final stages of consulting on its proposals for a new Consumer Duty, which focuses on ensuring improved outcomes for users of financial services and products. In this briefing we consider how the proposed duty could help to address long-standing problems associated with ‘relending’ in the UK’s consumer credit markets.

February 1, 2022

15

 min read

We need urgent action to address Britain’s household debt crisis. Even before the Covid‑19 pandemic 7.2 million people (fourteen percent of the population) were heavily burdened by debt.

March 1, 2021

5

 min read