What you need to know this week
Inflation in the UK has unexpectedly dropped, potentially leading to interest rate cuts.
FCA has scheduled a horizon scan for 10am on 22/10/2024.
The Insolvency Service has released a concerning report on early IVA failures.
Personal insolvency statistics show a significant increase in England & Wales as of September 2024.
MaPS has proposed strategies for improving the delivery of its debt advice.
The regulation of BNPL products is advancing with government consultations and planned legislation.
The FCA is opening an AI Lab to explore artificial intelligence in financial services.
Credit card balances have increased, with a noticeable rise in transactions and total spend.
The ICO has fined two companies for excessive spam texts related to financial and debt services.
The FCA is conducting a market study on premium finance to assess fairness in instalment payments for insurances.
Cybersecurity is highlighted as a growing concern with a need for inter...
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