FCA chief, Nikhil Rathi, warned of ‘adverse consequences’ if challenge made to settlement, court filings allege

The boss of the UK’s financial regulator is accused of threatening a consumer group with “adverse consequences” if it blocked a £9.1bn compensation scheme meant to settle the motor finance scandal.

Legal documents reviewed by the Guardian said the alleged comments by the Financial Conduct Authority (FCA) chief executive, Nikhil Rathi, amounted to “an inappropriate intervention by a public official”.

Savings grow as energy prices in Great Britain rise and cost of panel installation falls, analysis finds

Households in Great Britain’s cloudiest regions could still save more than £400 a year on their energy bills by installing rooftop solar panels, research has found.

Rising wholesale energy prices mean the potential savings from a home solar panel system have climbed in recent years, as the cost of installation has continued to fall, leading to increased demand.

Exclusive: FCA pressures firms to do more to sort 760,000 accounts as watchdog urges families to use free tracking service

Child trust fund providers are being put under the spotlight to check they are treating savers fairly and doing all they can to reunite young people with lost accounts.

The Financial Conduct Authority (FCA) said about 760,000 accounts worth an average of £2,000 were yet to be claimed – more than £1.5bn in total – as it launched a review of the market.