Equifax cyber-attack: consumer fact sheet
On 7 September 2017, Equifax Inc in the US, announced that it had been the victim of a criminal cyber-attack and that some historical UK data had been affected. This fact sheet is designed to answer questions that UK consumers may have about the incident and how it could impact them. Who is Equifax and […]
Read MoreFinancial Capability Week 2017 Talk Money Conference programme released
Financial Capability Week is happening 13-19 November 2017. Organised as part of the Financial Capability Strategy for the UK, it celebrates work underway to improve financial capability and financial wellbeing. Now in its second year, the theme this year is to get more people talking about money in their workplaces, communities, and across social media with #TalkMoney. […]
Read MoreNew report shows over 18 million adults in the UK lack the number skills to manage their money well
A report published by the Money Advice Service on 2 November 2017 provides the strongest evidence to date on how good number skills help people manage their money and keep out of debt. National Numeracy is now calling for action from government, financial services, employers and debt advice agencies to help people improve their numeracy and, […]
Read MoreBank of England votes to increase interest rates for the first time in a decade
The Bank of England Monetary Policy Committee has voted to increase interest rates by 0.25 percent – the first rate rise since 2007. Joanna Elson OBE, chief executive of the Money Advice Trust, the charity that runs National Debtline, said: “This first rate rise in more than a decade could be a turning point for many […]
Read MoreBanking Standards Board publishes consultation on good banking outcomes for consumers
The Banking Standards Board (BSB) has published a consultation on ‘What do good banking outcomes look like to consumers?’ https://www.bankingstandardsboard.org.uk/bsb-consultation-what-do-good-banking-outcomes-look-like-to-consumers/ The purpose of this document is to consult on what the outcomes of good banking cultures look like to consumers. This will provide a framework that will then help us identify good practice to the benefit of […]
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