DEMSA Column: Economy / FCA Letter / IVA report / AI update / FSCS levies / Collaborations / Events

In today’s bulletin:

General update Citizens Advice report – ‘How poor debt advice is pulling people into inappropriate IVAs’ Ofwat consultation on Priority Service Registers (PSRs) – responses, including DEMSA Collaborations Events

General update As referenced before Christmas, don’t mention Tulips ahead of Spring. Tulip Siddiq has now resigned as a Treasury minister. Lord Mandelson has praised Trump ahead of his inauguration. The comments are a stark contrast to comments in 2019, when he called Trump a "danger to the world" among his more polite comments. The UK economy experienced a modest growth of 0.1% in November 2024, falling short of the anticipated 0.2% increase, as reported by ONS. A drop in shop sales has added to worries over UK economy. Sales fell by 0.3% in December, according to official figures, well below expectations of a 0.4% rise. Liz McKeown, Director of Economic Statistics at the ONS, said: “The economy continues to be broadly flat, having grown slightly in Nove...

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