City watchdog the Financial Conduct Authority said Richard Lloyd, a former director at Which?, had taken over as its interim chairman.
The FCA said on Wednesday that Lloyd will take over from outgoing chairman Charles Randall, who stood down on Tuesday after four years.
The FCA said: “Richard will act as chair until HM Treasury appoints a permanent successor. A recruitment process is underway.”
(Sharecast News) - German discounters Aldi and Lidl performed best in December, according to data from retail expert Kantar, which said a record £13.7bn was spent at British supermarkets over the four weeks ended 24 December. Kantar recorded Lidl's sales growth at...
(Sharecast News) - The downturn in UK manufacturing output worsened in December, with the S&P Global purchasing managers' index (PMI) falling further into negative territory. The final figure for December's PMI was revised to 46.2, down from the 'flash' estimate of...
(Sharecast News) - UK house prices fell by a higher-than-expected 1.8% year on year in December, mortgage lender Nationwide said on Friday, as higher borrowing costs and deposit requirements deterred buyers. Expectations were for a 1.4% fall. Prices remained flat on a...
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