What you need to know this week
Bank of England reports an increase in net consumer credit borrowing to £1.2 billion in July 2024.
Mortgage borrowing rose to £2.8 billion in July 2024, the highest since November 2022.
Credit union total income fell by 5.50% in Q1 2024, but membership and loans to members increased.
UK Finance introduced the Economic Abuse Evidence Form to help victim-survivors of abuse.
Young gamblers (aged 25-34) are more likely to use credit for betting, increasing financial vulnerability.
Debate over supermarket self-scan checkouts reflects broader concerns about digital transformation.
Financial Ombudsman Service (FOS) saw a 70% increase in complaints in Q1 2024 compared to the previous year.
National Cyber Security Centre (NCSC) highlights the need for effective incident management in response to cyber incidents.
The importance of AI governance in debt services, ensuring balance between innovation and risk management.
Training event on vulnerability management sc...
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