KEY THEMES+ ¦ DEMSA Newsletter

What you need to know this week

General Election set for 4 July 2024; expect impacts on public sector engagements and regulatory progress.Inflation has eased to 2.3% as of April 2024, suggesting possible interest rate cuts this summer.UK private rents have increased by 8.9% over the past year, exacerbating affordability concerns.Over £1 billion was stolen through fraud in 2023, highlighting ongoing challenges in financial security.HSBC and Marks & Spencer Financial Services fined £6.2m for poor treatment of customers in arrears.FOS proposes new charging for Claims Management Companies, aiming to improve consumer outcomes.Financial Services Compensation Scheme expects to pay £363m in compensation during 2024/25.FCA updates on Consumer Duty emphasise the need for firms to address vulnerability.Persistent issues with IoT product security have eroded public trust.Significant discussion around access to credit and the role of illegal lending.Upcoming events and webinars focused on r...

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