Weekly Headline Roundup: 02-02-2024

Headline Update 02-02-2024 :

-> One in eight people borrowed money to make ends meet in past 12 months

-> Demand for debt advice service surged 34% in first week of 2024

-> Consumer borrowing fell sharply in December

-> ChatGPT: Italy says OpenAI’s chatbot breaches data protection rules

-> HSBC fined £57.4m for customer deposit protection failings

-> UPS to cut 12,000 jobs after ‘disappointing’ year

-> Santander earnings boosted by strong performance in Europe

-> Microsoft says AI is getting deployed ‘at scale’

-> PayPal cuts 2,500 jobs in the face of rising competition

-> Half of UK borrowers see mortgage bill jump £3k per year – Mortgage Strategy

-> How Simplyhealth is using Salesforce’s take on generative AI to boost email response times

-> FCA statement on judicial review of debt packager measures

-> More than five million in debt to energy supplier

-> 1.3m with mental health problems spend less on essentials to pay their mortgage

-> Majority of consumers limiting fuel and energy spending