A new Bill designed to ensure the UK’s world-leading financial services sector continues to thrive and grasp new opportunities on the global stage has been introduced to Parliament. The Government says that the new Financial Services Bill is an important first step in taking responsibility for our financial services regulation, ensuring that the UK maintains…

Statutory consumer body CCW has been tasked with carrying out an independent review of the financial support offered by different water companies across England and Wales, to identify ways to better support households that are struggling financially The Consumer Council for Water (CCW) has issued a call for evidence after being asked by the UK…

Debt charity, StepChange has announced that it has launched a new 12-month reduced payment plan for households temporarily affected by Covid. The company says that its new Covid Payment Plan (CVPP) is aimed at people who just need a bit more time and a bit more forbearance to get back to resuming full payments on…

Latest figures from UK Finance have revealed that the number of customers on a payment deferral has significantly decreased in recent months. Of the 4.4 million payment deferrals granted across mortgages, credit cards and personal loans since the start of the pandemic, 323,700 are currently still in place. The support provided by lenders builds on…

The Financial Conduct Authority (FCA) is urging borrowers affected by coronavirus lockdowns to seek support from their banks, as its figures show 12 million consumers are likely to be struggling with bills or loan repayments. The FCA research also found that the pandemic has hit the finances of ethnic minorities and young people the most.…

Netacea, a provider of bot management solutions has announced that credit score provider C;learScore has selected Netacea’s bot management solution to protect against credential stuffing attacks and account takeovers. Klaus Thorup, Chief Technology Officer, ClearScore, said“At ClearScore, we deal with highly sensitive credit report data every minute of every day. In the wrong hands, this data…

Data-powered integrated agency Jaywing, has announced the appointment of two senior team members to its financial and professional services team. Phil Stott joins Jaywing as Client Director. With twelve years experience as strategic planning director at Brass, and a further combined twelve years of industry experience at Propaganda and First Direct. Stottl will head up…

Those operating in the collections industry have typically approached consumers who either won’t pay—which may include those in dispute—or those who can’t pay due to a change of circumstances and have fallen into financial hardship. The length of time it will take to cure the account will depend upon the cause, and now of course,…