My picks of final week’s information are: Bailiffs making report income accumulating debt for councils in value of residing disaster and No-fault eviction proceedings hit highest degree for six years in England.
Steering to the Monetary Conduct Authority Coverage Assertion on ‘Debt Packagers: Suggestions to CP23/5 and Ultimate Guidelines’ IPA: A number of good phrases. Will they make any distinction?
Banking:
We request knowledge from banks on account closures FCA: Companies have till 25 August 2023 to supply info
Will banks’ new limits pressure us to go cashless? Mail
Bailiffs making report income accumulating debt for councils in value of residing disaster Guardian: Charities name for an finish to the outsourcing of public debt as corporations’ turnover rises almost 50% in a yr
Water corporations may owe compensation to 20m prospects over air pollution Instances (paywall): Carolyn Roberts, emeritus professor at Gresham School in London, who’s bringing the case, thinks that Severn Trent’s prospects may very well be in line for rebates of about £50 every.
No-fault eviction proceedings hit highest degree for six years in England Guardian: Campaigners say the 7,491 claims between April and June present why renters reform invoice should turn into legislation
Mortgages:
Bounce in variety of householders and landlords falling into mortgage arrears Sky: UK Finance mentioned greater charges and the price of residing have been persevering with to weigh on households – however mentioned total numbers remained low.
Mortgage charges are falling however don’t rejoice but BBC
Hamsard 3225 Restricted buying and selling as CLC Finance – in Administration – a small doorstep lender goes beneath.
Why is Spain’s inflation a lot decrease than the UK’s? As a result of it stood as much as enterprise Guardian: The reliance on Financial institution of England price rises alone can’t go on. In different international locations, lease caps and extra revenue taxes are working
How debt has morphed into a brand new type of work for ladies The Dialog – about third world money owed.
Advantages:
Advantages taken away to pay for utilities with out consent BBC: “Are you able to think about the uproar if banks handed over prospects’ financial savings on the request of utility corporations or employers handed over wages?”
Recording exhibits Atos nurse lied repeatedly in PIP evaluation report Incapacity New Service: The nurse wrote in her report that Littler “didn’t sound low in temper or anxious” and was “not anxious, agitated or tense” though he informed her: “I simply don’t need to be right here. I simply need to fall asleep and never get up.”
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