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Monzo facing FCA investigation over possible flouting of money laundering laws
Monzo facing FCA investigation over possible flouting of money laundering laws

FinTech company Monzo is facing a Financial Conduct Authority investigation over allegations it may have flouted anti-money laundering laws. However, in its annual report, Monzo credits its growth over the past year to its ability to minimise losses despite the challenges of the Covid-19 pandemic.

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14 ways you can devalue your home

For most people, the investment in your home will be the most significant investment of your lifetime. Yet, while often caught up in the moment, some people fail to appreciate ways in which you can impact the value of your home without actually realising it. Check out these 15 ways you can devalue your home. Some of them will surprise you!

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Downing Street hints state pension ‘triple lock’ could be tweaked to ensure fairness: This week’s news roundup

This week has seen the government hint the state pension triple lock could be watered down, predictions the zero-emissions target could see household bills soar, and news that Tesco Bank is closing all current accounts.

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Finding lost and dormant bank accounts

We have all done it. Despite trying to be on top of our finances and logging every account we have, we have lost all details about a bank account we once used but never closed. So how do you find lost bank accounts? And what do you do if you unearth a dormant savings account?

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How to invest in property in Spain

Historically, Spain has been a popular property investment market for UK investors, especially expats. Despite the concern and confusion surrounding Brexit, there are still numerous opportunities and ways UK investors can invest in Spanish property. Crowdfunding property sites now offer an array of exciting opportunities for relatively small investments as well as diversification.

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Half of pandemic buyers regret overpaying for their new homes

A recent survey has shown that half of those who bought a new home during the pandemic regret overpaying for their properties. In addition, figures show nearly a quarter of homebuyers paid over the asking price during the pandemic, with many rushing into the property purchase.

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FCA takes action against debt packager firms

Following an FCA review of the practices of debt packager firms, 5 firms have stopped providing regulated debt advice until further notice and the FCA has used formal powers to stop another firm from providing regulated advice.

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