DEMSA update: Scottish debt solutions / AI / Events / Collaborations / Training

In today’s bulletin

General updateScottish Statutory Debt Solutions Statistics for Q3 2023-24Personal insolvency Q4 2023 and 2023 statsCollaborations & featuresEventsTraining

General Update

Interest rates held at 5.25%

The Bank of England held interest rates at 5.25% for the fourth time in a row, though the Bank's committee voted 6-3 in favour of holding the rate, with 2 wanting an increase and one wanting a cut.

ONS figures: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/december2023

Twelve-month CPI inflation fell to 4% in December 2023, below expectations in the November 2023 report. The Bank will keep interest rates high for long enough so inflation settles at 2%.

Link: https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2024/february-2024

Registry Trust Q4 2023 statistics

My thanks to Lex for these.

Across the UK:

The total number of CCJs registered against consumers in England ...

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