KEY THEMES+ ¦ DEMSA Newsletter

What you need to know this week

The Bank of England maintains interest rates at 5.25%.Inflation is projected to decrease to 2% in the upcoming months.New polling shows a significant percentage of mortgage holders have turned to additional credit to manage their expenses.UK Finance reports a 3% increase in mortgage arrears in Q1 2024.The ECB has published its final business plan for 2024-25.FCA highlights practices for ARs acting as credit brokers under a Principal firm.Consumer Duty regulations focus on identifying and rectifying poor customer outcomes.Ofgem's call for input on affordability and debt in the domestic retail market closes on 13 May 2024.SCOR updates its Principles of Reciprocity for the Betting & Gaming sector.Partnerships between Digital DRA, Qualco UK, IE Hub, and Amplifi Capital aim to enhance financial support accessibility.The Consumer Duty Services event in Manchester will discuss the impact of Consumer Duty on IVA providers.FOS reports a 20% increase in fi...

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