What you need to know this week
Chancellor’s planned welfare cuts expected to impact consumer confidence and financial resilience.
FCA releases report on their vulnerability guidance (FG21/1), highlighting governance focus on outsourcing.
StepChange’s 2024 Impact Report examines financial vulnerability among women and coerced debt cases.
Insolvency Service publishes IVA outcomes and provider data for 2024, with notable trends in termination rates and market concentration.
Ofcom updates Call Line Identification (CLI) guidance to combat scam calls, effective 29 January 2025.
FCA webinar on vulnerability review findings scheduled for 11 March 2025.
Bank of England reports a rise in credit card borrowing to £1.1 billion in January 2025, with an 8.5% annual growth rate.
FOS receives 10,957 credit card complaints in Q3 2024/25, highlighting persistent concerns over unaffordable lending.
UK Finance outlines best practices for lenders in response to PS24/2, aligning with FCA vulnerability rep...
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