DEMSA update: BiFD / Personal Insolvency / DRO hub / Credit Union event / IMLT / Collaborations / Training / Events

In today’s bulletin

General updatePersonal Insolvency StatisticsCredit Union and Community Banking event on 12 December 2023DRO Hub event with Money WellnessCollaborations including recruitment feature for Data on DemandEventsVulnerability Management and Consumer Duty training

General update

Ofgem explores options amid rising consumer debt

A consultation on options to protect the energy market and consumers from the risk of rising debt has been launched by Ofgem. They want our views on whether and how they should adjust the energy price cap for debt-related costs. As discussed on Wednesday, this includes tracking the impact of exceptional developments such as the gas price crisis, and government interventions like the Energy Price Guarantee (EPG) and Energy bills support scheme (EBSS).

Citizens Advice responded to the latest Ofgem energy debt figures. MAT, the charity behind National Debtline, has also called for urgent support for households with energy arrea...

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