Ofgem announces energy price cap increase of £693 from April 2022
The energy price cap will increase from 1 April 2022 for approximately 22 million customers, regulator Ofgem has just announced. Those on default tariffs paying by direct debit will see an increase of £693 from £1,277 to £1,971 per year (difference due to rounding). Prepayment customers will see an increase of £708 from £1,309 to […]
Read MoreTrustfolio acquires TIPTrust and Asperitas to create ‘debt-tech’ collective
A collective of industry experts from across the consumer credit, debt advice, collections, insolvency, and fintech sectors have joined together to launch ‘debt-tech’ firm Trustfolio Ltd, which has acquired TIPTrust and Asperitas Technologies. Trustfolio’s mission is to enable better debt solutions and advice through powerful, bespoke technology that makes the process more efficient, cost-effective, and […]
Read MoreBob’s Blog: MALG Virtual Connect 2022 and other news
Happy New Year from MALG! 2022 brings with it yet more challenges for our members and the people they serve and, as always, we’ll be here to support you… MALG Virtual Connect returns for 2022 – save the date! Following the success of the first ever MALG Virtual Connect in March 2021, we’ve decided to […]
Read MoreJRF report shows millions of families in deep or persistent poverty as rising energy bills set to have ‘devastating’ impact on them
New analysis from Joseph Rowntree Foundation (JRF) shows that millions of families are in deep or persistent poverty and are the most harshly impacted by the energy price cap rise. The ‘UK Poverty 2022: The essential guide to understanding poverty in the UK’ report, published today, calls for urgent action to ease pain of cost-of-living […]
Read MoreRise in CCJs issued against consumers in England & Wales prompts call to action to protect financially vulnerable households in 2022
The number of County Court Judgments (CCJs) issued against consumers in England and Wales in 2021 rose by more than one third compared to 2020, according to figures released today (17 January 2022) by Registry Trust; the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines. CCJs are issued to consumers in England […]
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