What you need to know this week
- OECD raises UK inflation forecast for 2025 to 3.5%; August 2025 CPI recorded at 3.8%.
- SME lending by main high street banks grew 8% in Q2 2025 to £4.24bn; lending to small businesses up 28% year-on-year.
- Mortgage lending dipped early Q2 2025 post Stamp Duty changes but recovered by June.
- MaPS 2025–2028 strategy launched, with focus on customer experience, pensions dashboard, SFS standardisation, and digital integration.
- FCA business strategy to 2030 highlights economic crime prevention as a priority.
- Which? lodges a super-complaint to the FCA on travel and home insurance; FCA has 90 days to respond.
- Ofgem reports record £4.4bn energy arrears; Q2 2025 average debts £1,716 (electricity) and £1,489 (gas).
- FCA/FOS joint consultation on redress reform and case fee structure closes 8 October 2025.
- Enforcement Conduct Board expands Board with Caroline Wells and Delroy Corinaldi.
- PayPlan warns of rising BNPL use for purchases below £50; FCA supervision from 2026.
- Utility event “One Voice on Affordability” to be held on 9 October 2025, Edwardian Hotel, Manchester.
- StepChange Connected event confirmed for 16 October 2025, Leeds.
Read the full summary – here
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