New laws to help protect company directors from identity fraud and personal harm will be introduced by the Government. The new laws will enable company directors to remove their personal addresses from the UK’s official company register on Companies House. Directors must still provide their business address as a legal requirement. This comes in response…

ABCUL (Association of British Credit Unions Limited) Chief Executive Mark Lyonette has announced that he will be leaving the association. Lyonette has been at the association for over 20 years. Under Lyonette’s leadership ABCUL has developed into a leading voice on issues such as financial inclusion and banking and payments reform.  The Association has secured successive…

A new report by charity Gingerbread analysing how single parents lives have changed has found that unsustainable work and poverty are two of the biggest issues facing the UK’s 1.7 million single-parent families. The report titled “One in four: single parent families in the UK”, finds that huge progress has been made over the past 100 years to…

UK households stick with the same energy supplier for an average of four years, according to new research from comparethemarket.com. This equates to many households, on average, overpaying on their energy bills by £1,232**. For some families, the overpayment could be even greater. comparethemarket.com found that nearly a third (30%) have been with their provider for five years…

UK Finance has today published its figures on regional lending trends for the UK mortgage market in 2017 Q4. The figures reveal that in both Scotland and Northern Ireland, the number of first-time buyers and remortgagers have reached their highest levels for a decade. Meanwhile, the Welsh mortgage market continues to grow at a steady…

Two small energy suppliers have left the big six energy companies trailing when it comes to customer satisfaction according to a new survey by Uswitch.com. Challenger supplier Octopus Energy, which launched in 2016 and is included in the report for the first time, takes first place for overall customer satisfaction with a score of 96%.…

The Financial Conduct Authority (FCA) has announced that it has as launched a consultation on how technology can improve and facilitate regulatory compliance. The FCA regularly explores how technology can make our regulations more efficient and reduce the regulatory burden on firms. One of the ways we do this is through ‘TechSprints’ that bring together…

Judge and Priestley LLP (J&P) has announced that it has recently gained Financial Conduct Authority (FCA) authorisation. This comes in addition to its traditional authorisation and regulation by the Solicitors Regulation Authority (SRA). The move to seek FCA authorisation came in response to increasing client demands for J&P Credit Solutions (J&P CS), the debt recovery…

Here is an overview of The Money Charity’s latest statistics for February 2018: Personal debt in the UK People in the UK owed £1.572 trillion at the end of December 2017. This is up from £1.512 trillion at the end of December 2016 – an extra £1,105.77 per UK adult. Per adult in the UK that’s an average…

Consumers were less constrained in their leisure spending in the fourth quarter of 2017 compared to the previous year, according to the latest findings from the Leisure Consumer Q4 2017 report by Deloitte. The quarterly survey of more than 3,000 UK adults found that 2017 ended positively for the leisure sector, with consumer spending increasing in seven…

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