In today’s bulletin
General updateOpen letter from the Gambling CommissionThe future role of Breathing Space in England & WalesReducing IVA volumes – is there a ‘root cause’?Personal debt remedies in Scotland - what can we learn South of the border?Focus on AI/MLSafeguarding your insolvency practice against cyberattack and ransomware threatsCollaborationsDuty training events
Following this week’s inflation figures, financial markets currently expect the Bank of England will raise interest rates to 6% by the end of the year. According to ONS, UK inflation has fallen to 6.8%, its lowest level since before Russia’s invasion of Ukraine. This is the lowest reading since February 2022. Retail sales volumes fell 3.2% annually in July 2023.
Interestingly, we covered a piece from Helen Pettifer on English/Welsh not first language a few weeks ago. This has been covered by ONS. In 2021, 91.1% (52.6m) aged 3 years and over, had English (English or Welsh in Wales) as...
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