In today’s bulletin:
General update
FCA data requests and horizon scan into 2025 – 10am 22/10/2024
Insolvency Service review of early IVA failures
Personal insolvency stats in England & Wales - September 2024
MaPS proposals for the delivery of its debt advice strategy
Is customer experience getting worse? Blog by Garry Gormley
Ombudsman News
Events
General update
There has been a ‘surprise’ fall in inflation that may pave the way for more interest rate cuts. That is the BBC headline. This surprise fall in the UK's inflation rate comes ahead of this month's Budget, with Chancellor Rachel Reeves looking to make tax rises and spending cuts to the value of £40 billion. This in itself has created internal tension. September's inflation data is normally used to calculate how much many benefits go up in April 2025. It is already widely expected that the Bank of England will be cut interest rates in November by 0.25%. As ever, it is the lag before any of this positively impacts consumer...
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