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What you need to know this week What you need to know this week Government confirms 1.2% average annual real-terms increase in departmental spending between 2025/26 and 2028/29.Local Government DEL to rise from £15bn in 2025/26 to £15.8bn by 2028/29.HMRC receives £500m to deliver 90% digital self-service by 2029/30.2,400 new HMRC debt management staff and 5,500 compliance roles confirmed.£1.9bn investment in cross-department digital and AI transformation announced.NHS England to be merged into the Department of Health and Social Care by… Read more

What you need to know this week Roma Pearson, former Director of Consumer Finance at the FCA, joined Square 4 Partners as Senior Advisory Director.Net mortgage borrowing by individuals rose sharply to £13 billion in March 2025, per Bank of England data.Net borrowing of consumer credit fell to £0.9 billion, with credit card borrowing dropping to its lowest level since April 2024.Citizens Advice published Deeper in Debt, reporting a 50% rise in household arrears since 2019 and calling for urgent… Read more