DEMSA update: FG23-2 / DPDI / Consumer Duty / AI / CP23-5 / Loan Sharks / Training / Events

General update

The PM has said that "confidence is returning" after ONS figures showed the economy grew by more than expected in January 2023. The economy expanded by 0.3% in January, rebounding from a sharp fall in December 2022. The data comes ahead of the Budget next Wednesday when Chancellor Jeremy Hunt will set out the government's growth plans.

Energy support expected to be maintained

Currently, the government is limiting the energy bill of a typical household to £2,500 a year. This is due to rise to £3,000 on 1 April. The BBC understands that the chancellor is expected to keep the Energy Price Guarantee at current levels for a further three months from April.

Childcare support

Parents of children aged nine months to three years would get 30 hours of free care a week during term time, subject to conditions. Currently the benefit only applies to children aged three and four.

The average annual cost of a full-time nursery place for a child under two in G...

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