DEMSA Column: MaPS standards / DWP CoP / FCA updates / AI bubble / Ability to Pay / Vulnerability / Collaborations / Events

In today’s bulletin:

General update Joint FCA and ICO statement on Targeted Support and Direct Marketing FCA Regulatory Initiatives Grid - December 2025 Edition FCA confirms final guidance to tackle serious non-financial misconduct in financial services MaPS standards toolkit DWP Codes of Practice: Recovering Debt FCA update on late payment charges – good news warning Collaborations Events  

General update

On the topic of growth, the economy contracted by 0.1% in October 2025 according to the Office for National Statistics (ONS). Economists had been expected it to grow by 0.1%. The economy also shrank by 0.1% in the 3 months to October. The cyber-attack at Jaguar Land Rover continued to affect car production, with only a slight recovery in October from the previous month's fall, while analysts said 'uncertainty ahead of the Budget' had slowed consumer and business spending. Expectation is of a further cut in interest rates. Investment is meant to be a key contributor to growth...

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