One more week with little excellent news. My high choose: Overlook Nigel Farage and Coutts – banks have been locking peculiar individuals out of accounts for years.
Tweet of the week
A thought…
UK banks intentionally, systemically, missold, by script, over £40bn of PPI, ripping cash out of the palms of the general public together with many weak individuals – no financial institution CEO resigned.
— Martin Lewis (@MartinSLewis) July 26, 2023
Hundreds of thousands of UK households utilizing bank cards and loans to pay fundamental payments Guardian: Almost 6 million low-income households have unsecured debt, comparable to bank cards, overdrafts and private loans from banks, credit score unions and payday lenders.
Collectively In opposition to Debt – Individuals’s Manifesto Debt Justice: there are many methods to get entangled with creating this manifesto, together with an occasion in London on Saturday 2nd September, open to anybody with lived expertise of debt.
Monetary Lives survey highlights significance of the FCA’s Client Obligation FCA: 7.4 million individuals unsuccessfully tried to contact a number of of their monetary providers suppliers within the 12 months earlier than Might 2022.
IVAs:
Credit score due: The battle to avoid wasting debt recommendation providers Purple Pepper: The levy funding debt recommendation is barely paid by client credit score and mortgage lenders. Different companies which are a few of the worst causes of family debt would not have to pay it.
Vitality payments:
Renting:
Authorities should help renters in value of residing disaster, virtually 30 organisations urge Massive Subject: Every day the Renters Reform Invoice is delayed, 172 households are served with an eviction discover
Numbers in non permanent lodging in England hit document BBC: Nearly 105,000 households had been in non permanent lodging, together with greater than 131,000 kids, on 31 March this yr. This determine is 10% up on the identical day final yr
Over half of upheld housing complaints from London BBC: The capital accounts for a disproportionate share of all complaints acquired, accounting for greater than 1 / 4 (26%) of all complaints and inquiries.
Damning report finds L&Q housing affiliation tried to silence tenants ITV: An investigation into L&Q properties, the UK’s second largest housing affiliation, has discovered systemic failings and a “fixed cycle of insufficient motion”, with issues raised over its remedy of disabled and weak tenants.
Mortgages:
Banking:
Ten years on and no plans to axe the bed room tax ITV: The federal government confirmed no official analysis into assessing the monetary impression or success of the coverage had been carried out within the final eight years.
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