FCA proposes action to close gaps in borrowers’ credit files
The Financial Conduct Authority (FCA) is consulting on designating certain credit reference agencies (CRAs). If a lender shares credit information with one designated consumer CRA, it would be required to share it with them all. The changes aim to close gaps in consumers’ credit files and ensure these more accurately reflect people’s financial circumstances. Alison Walters, […]
Read MoreChristians Against Poverty publishes new report on barriers to work
UK charity, Christians Against Poverty (CAP), which runs face-to-face job clubs in communities across the UK, has published a new report revealing the challenges UK job seekers are facing and what needs to be addressed to get more people back into work. CAP’s latest report, ‘Barriers to Work: Challenges, support and solutions’, has identified the […]
Read MoreNew Money Advice Trust report ‘Lost in the System’ looks at council tax collection in England
Debt advice charity Money Advice Trust has published a new report, ‘Lost in the system‘, which they say shows how outdated council tax debt collection practices are, ahead of further bill rises across England set for April 2026. It warns that thousands of people are already being pushed into hunger, stress and spiralling debt by […]
Read MoreFCA confirms new protections for Buy Now Pay Later borrowers
The Financial Conduct Authority (FCA) has announced that Buy Now Pay Later (BNPL) borrowers will benefit from stronger protections from 15 July 2026, following the Government’s decision to bring the sector under FCA regulation. BNPL will be subject to the Consumer Duty and consumers will benefit from: Clear information: Consumers will get clear, upfront details […]
Read MoreCitizens Advice publishes report ahead of five year review of Breathing Space
Citizens Advice has published a new report entitled: ‘More room to breathe: Building on five years of Breathing Space.’ In 2025, Citizens Advice supported over 400,000 people with debt – nearly a 45% increase compared with 2021. People they help owe nearly £9,000 on average, a 36% increase over the same timeframe. More and more people need […]
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