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8 July, 2011

Energy price rises will push more into fuel debt

Citizens Advice responds to recent price rise announcement by British Gas.

5 July, 2011

Parents must each earn at least £18,400 in 2011 so their family can live to an acceptable standard

Report published by Joseph Rowntree Foundation also reveals that the minimum cost of living is 5 per cent higher than in 2010.

30 June, 2011

Inconsistent treatment prevents disabled people from addressing their debts

People with disabilities face extra difficulties dealing with their debt problems as creditors fail to recognise specific needs or make reasonable adjustments, says Citizens Advice.

28 June, 2011

Insolvency Service launches consultation on its delivery strategy

Internal consultation considers reshaping the way in which it carries out business and delivers services going forward.

28 June, 2011

Rising interest rates could cause ‘wave of reposessions’

Richard Banks, chief executive of UK Asset Resolution says a policy of 'tough love' would be fairer to people facing long-term difficulty in keeping up payments, reports guardian.co.uk

21 June, 2011

Government publishes Legal Aid, Sentencing and Punishment of Offenders Bill

Employment and certain debt and housing matters to be taken 'out of scope' of legal aid.

21 June, 2011

Changing nature of debt advice in London

Toynbee Hall publishes report that provides an update on work of London Debt Strategy Group and makes recommendations about debt issues across a number of policy areas.

21 June, 2011

Shelter report shows link between house repossessions and unemployment

Research shows places in England with highest proportion of homeowners who have been issued with a possession order for their home.

20 June, 2011

Housing costs cause depression

Shelter research shows 38 per cent of people in Britain believe high housing costs cause stress and depression in their family.

20 June, 2011

Government publishes White Paper on financial regulation

'A new approach to financial regulation: the blueprint for reform' contains proposals for reform to the current regulatory system and includes a draft Bill.

15 June, 2011

OFT publishes revised debt management guidance

Guidance increases transparency and ensures that consumers have correct information to make informed decisions.

7 June, 2011

Increase in level of debt, both in absolute terms and as a proportion of household income

Department for Business, Innovation and Skills publishes report on credit use and household indebtedness.

6 June, 2011

Citizens Advice and Citizens Advice Scotland welcome revision of OFT guidance on debt collection

Charity publishes consultation response and welcomes introduction of new section on debt sale and purchase.

2 June, 2011

Citizens Advice welcomes OFT response to its super complaint on cold call credit

However, charity still believes there is a compelling case for a ban on cold calls.

2 June, 2011

House repossessions to rise in 2012

Council of Mortgage Lenders publishes mortgage and housing market forecasts which predict arrears and possessions are set to rise and remain at high levels.

1 June, 2011

Government must act now to stop future housing market ‘bubbles’

New report published by IPPR says that the FSA should recommend ‘loan to value’ and ‘loan to income’ caps in its current Mortgage Market Review.

1 June, 2011

New package of measures announced to address concerns over credit practices

OFT responds to Citizens Advice 'super-complaint' by publishing two new pieces of guidance: on the standards it expects of credit brokers, and on debt management.

31 May, 2011

Housing benefit cuts could increase number of people turning to loan sharks

Vulnerable families will face shortfall of £676 as a result of the 'under occupancy' penalty, leaving them at risk of falling into debt, says National Housing Federation.

27 May, 2011

Office of Fair Trading condemns ‘totally unacceptable’ practice of debt management firms

Some companies have been holding on to clients' cash rather than paying it to creditors, BBC investigation finds.