What you need to know this week
- Annual energy bills forecasted to fall by £166 in July 2025.
- UK GDP growth could slow to 0.8% in 2025 and 2026 if tariffs are imposed.
- Inflation expected to return to 2% by mid-2026 after a short-term rise.
- Over £1 trillion card transactions made in the UK in 2024.
- Financial vulnerability now increasingly affects middle-class and affluent households.
- 9,205 individuals entered personal insolvency in March 2025 in England & Wales.
- DRO volumes remain high, following the abolition of the £90 upfront fee.
- StepChange reported an average unsecured debt increase of 7% year-on-year.
- Scottish personal insolvencies decreased by 11.3% year-on-year in Q4 2024-25.
- NSN partnered with Bournemouth Water and NatWest Group to strengthen customer support strategies.
- Several key events scheduled for April and May 2025, including Utilities PSR Event (30 April, Manchester) and CSA event with TransUnion and VRS (1 May, virtual).
- Debt Adviser Apprenticeship new intake begins 22 May 2025.
Read the full summary – here
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