But FCA policy chief also warns those on mortgage holidays that they will see their credit profiles adversely affected in the future.

Financial Conduct Authority says the extended relief period is necessary to prevent a cliff edge of mortgage defaults.

Shock announcement by Financial Conduct Authority today follows complaints over opaque and complex nature of mini bonds.

Read how the FCA has given approval to proptech company CreditLadder to both initiate payment from banks on tenants' behalves and offer payment dashboards.

Tenancy deposit alternative Reposit has received an additional £500,000 from investors, taking its total raised since launch to nearly £1 million. The extra cash will be used to scale the team and…