In today’s bulletin:
General update Debt Buyer, DCA and BPO event on 17 June 2025 at the Treehouse Hotel in Manchester PS25/3 – Consumer Credit Returns – new CCR009 Historic FCA portfolio letters Policy in Practice - Consumer Duty Compliance webinar recording Compulsive spending and gambling harm Water companies must show more consistent ambition over support for vulnerable customers Collaborations Events Debt Adviser Apprenticeship Scheme
General update
The Bank of England has announced that it has reduced the Bank Rate by 0.25% to 4.25%, marking the second cut this year. The MPC voted 5 to 4 in favour of the cut, with two members preferring to cut rates by 0.5% to 4.0% and two preferring to leave rates unchanged at 4.5%. Andrew Baily delivered a speech entitled ‘Monetary policy in uncertain times’. “The governor of the Bank of England has said the UK now needs to "rebuild" its trade relationship with the European Union and do "everything we can" to improve long-term trade, after T...
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