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21 July, 2011

Citizens Advice responds to consumer credit and personal insolvency review

Charity 'disappointed' that government concludes there is no need for changes to personal insolvency and debt remedies.

20 July, 2011

Government publishes response to call for evidence on personal insolvency review

Proposals include strengthening voluntary codes of forbearance where debtors need to seek debt advice or recover from sudden income loss, and a consultation on how to facilitate access for bankrupts to a basic bank account.

20 July, 2011

25 per cent increase in Scottish insolvencies in first quarter of 2011

However, Accountant in Bankruptcy statistics show one per cent decrease in number of people declared insolvent on the same period last year.

19 July, 2011

19 July, 2011

Insolvency Service publishes Annual Report and Accounts 2010/2011

Figures highlight number of personal insolvencies, bankruptcies, debt relief orders and individual voluntary arrangements.

14 July, 2011

Government needs to take action to improve energy efficiency of people’s homes

Citizens Advice responds to fuel poverty statistics which show that 5.5 million people in the UK now face living in freezing conditions.

14 July, 2011

6.2 million households identified as financially vulnerable

Consumer Credit Counselling Service research shows that 3.2 million people are in financial difficulty with a further 3 million 'at risk' of getting into financial difficulty.

13 July, 2011

Government must not forget poorer homeowners

TUC report calls for a new approach to housing policy and says that although more people want to own their own homes, home ownership does not always bring prosperity.

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.