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22 August, 2013

Money Advice Trust calls on local authorities to be more responsible in managing debt collection

New figures show that councils in England and Wales made 1.8 million referrals to bailiffs in the last 12 months.

19 August, 2013

Scottish Government raises awareness of Debt Arrangement Scheme

New campaign also directs people with money problems to information on how to find their nearest money adviser online.

14 August, 2013

Competition Commission seeks views as part of investigation into payday loan industry

Commission publishes 'statement of issues' to assist those submitting evidence to focus on the competition issues it envisages being most relevant to the investigation.

13 August, 2013

‘Breaking news - Bank of Mum and Dad in crisis’

Shelter's video 'report' on news that 'Bank of Mum and Dad', which lends £2bn a year to help children with housing costs, has 'run out of funds and looks likely to close'.

13 August, 2013

One in five people who have bailiff problems are working parents, says Citizens Advice

New analysis of 13,444 people who visited a bureau with a bailiff problem in first three months of 2013 also shows that 46 per cent had jobs compared to 54 per cent who were unemployed.

9 August, 2013

Government publishes new fuel poverty statistics based on its new definition of fuel poverty

New figures show that, under the new 'Low Income High Costs' measure, around 2.39 million households in England were fuel poor in 2011, representing approximately 11 per cent of the overall population.

8 August, 2013

48 per cent of people in Wales struggling to keep up with rent or mortgage

Results of survey by Shelter Cymru and Citizens Advice Cymru reveal that 'alarming numbers of Welsh adults are struggling to cope financially'.

7 August, 2013

Office of Fair Trading opens formal investigations into three quick house sale firms

OFT has also written to almost 120 providers in the sector advising them to check that their business practices and contractual terms comply with their legal obligations.

6 August, 2013

Scottish Government First Minister calls for cap on interest rates of payday loans

Alex Salmond also wants tighter regulation of the industry and steps taken to restrict the ability of payday lenders to ‘roll over’ the debt.

5 August, 2013

76 per cent of payday loan customers could have grounds for complaint to Financial Ombudsman

Citizens Advice launches a month-long campaign urging payday borrowers 'not to let predatory lenders get away with treating them unfairly'.

2 August, 2013

Over half of UK adults struggle to pay their bills, up from a third in 2006

Money Advice Service report also shows however that in recent years people have become more diligent about money matters and suspicious of financial scams.

31 July, 2013

Taking Control of Goods Regulations 2013

New statutory instrument contains detailed provision for operation of the procedure which bailiffs must follow when taking control of goods and selling them to recover a sum of money.

31 July, 2013

Ministry of Justice announces new laws to curb aggessive bailiffs

Press release explains provisions of Taking Control of Goods Regulations 2013 that were laid before parliament yesterday.

31 July, 2013

Nearly a quarter of those aged 50+ concerned about losing home through mortgage/rent arrears

New Age UK report also finds that nearly 2.8m, or 13 per cent, of those aged 50+ are finding it hard to manage financially.

30 July, 2013

Office for Fair Trading (OFT) provides update on payday lenders compliance review

OFT confirms that deadline for responses from lenders has now passed and that, of 46 responses, 14 have said that they are leaving payday market.

26 July, 2013

Church plans for credit unions a welcome alternative to unscrupulous payday lenders

Citizens Advice responds to the Church of England's plans to compete with payday lenders by supporting credit unions.

25 July, 2013

Archbishop of Canterbury tells Wonga that Church of England wants to “compete” it out of existence

Justin Welby lays down challenge as part of Church's plan to expand credit unions as an alternative to payday lenders.

24 July, 2013

Insolvency law to be amended to reduce risks for banks that offer accounts to undischarged bankrupts

Changes to be introduced in England and Wales following concern from consumer representatives that bankruptcy was stopping people from getting bank accounts

12 July, 2013

TUC welcomes Bill to ‘limit the pain of payday loans’

Commenting on Paul Blomfield's High Cost Credit Bill which gets its Second Reading in Parliament today, TUC General Secretary Frances O'Grady said: 'Payday loans are not the answer for people whose wages or benefits simply aren't enough to pay their day-to-day living costs'.