13 February, 2015
11 February, 2015
Citizens Advice Chief Executive Gillian Guy calls for the Competition and Market Authority to take a close look at how energy firms have cut prices this winter, and assess whether the industry is behaving competitively and offering people a good deal.
9 February, 2015
New regulations provide for a minor technical amendment to make the drafting of article 4(1)(b) of the Bankruptcy and Debt Advice (Scotland) Act 2014 (Commencement No. 2, Savings and Transitionals) Order 2014 on debtor applications for sequestration consistent with article 4(1)(a) on creditor petitions, to avoid any doubt that a different effect was intended.
30 January, 2015
Bill, which will end the collection of poll tax debts in Scotland, approved in principle but has two further stages of scrutiny before becoming law.
29 January, 2015
New statistics from the Insolvency Service also show that the number of bankruptcies in 2014 was 17.3 per cent lower than in 2013, but that the number of individual voluntary arrangements increased by 6.8 per cent over the same period.
28 January, 2015
New Scottish insolvency statistics for the third quarter of 2014-2015 include that there were a total of 2,633 personal insolvencies, 12 per cent lower than the previous quarter and 21.3 per cent lower than the same quarter a year ago, continuing a long term decline since 2008-2009.
16 January, 2015
16 January, 2015
Insolvency service also announces that the Debt Relief Order limit will be raised to £20,000 and that the changes will take effect from October 2015.
13 January, 2015
Christopher Kay, chair of the North Wales Credit Union, while welcoming a one-off £650,000 Welsh government advertising campaign, said that the community-based lenders needed to build more awareness, and that payday lenders were able to spend millions on advertising while his credit union - the largest in Wales - could only spend £20,000.
9 January, 2015
Report provides evidence on issues relevant to the Low Pay Commission’s task of monitoring, evaluating and reviewing the national minimum wage and its impact and making recommendations.
8 January, 2015
Nine banks are Barclays; the Co-operative Bank; HSBC; Lloyds Banking Group (including Halifax and Bank of Scotland brands); National Australia Group (including Clydesdale and Yorkshire brands); Nationwide; RBS Group (including NatWest and Ulster Bank brands); Santander; and TSB.
6 January, 2015
Response sets out 'the next steps that the government will take to create an environment in which the credit union sector can prosper'.
5 January, 2015
New estimate based on figures from January 2014 which saw a 27 per cent increase in the number of debt problems people came for help with, compared to December 2013.
23 December, 2014
ABCUL reports on the first 17 awards from the Lloyds Banking Group Credit Union Development Fund.
19 December, 2014
Annual report from Ofgem also shows that, in 2013, a total of 1.5 million customers were in debt on their electricity payments, and 1.4 million on gas payments – around one in every 17 customers, and a rise on 2012 - and, further, that 550 households had electricity cut off and 84 lost gas.
15 December, 2014
New bank accounts, to be provided by nine high street banks and building societies, will be available to those who don't already have an account or who can’t use their existing account due to financial difficulty.
5 December, 2014
New bill introduced in Scotland that will remove liability to pay community charge debt and historic community water charge debt and, additionally, provides that surcharges, civil penalties and fees, and other financial outlays for community charge debt enforcement action will cease to be collectable.
3 December, 2014
New website provides links to a range of organisations offering information and advice on debt, managing money, housing, homelessness and ethical lending and has a Financial Education module which aims to help people to manage their money to stop any future problems.
1 December, 2014
New rules, to take effect from 2 January 2015, will ban credit brokers from charging fees, and from requesting payment details for that purpose, unless they comply with new requirements ensuring that customers are given clear information about who they are dealing with, what fee will be payable, and when and how the fee will be payable.
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