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31 October, 2012

Government confirms continuing support for the Money Advice Service

Commercial Secretary to the Treasury, Lord Sassoon, responds to written question in the House of Lords.

29 October, 2012

One in five UK workers paid less than the Living Wage

New KPMG report shows that almost 5 million people are paid less than the amount required to afford a basic standard of living.

26 October, 2012

Reaction to publication of final rules under Mortgage Market Review

Leading organisations issue responses to new Financial Services Authority mortgage rules.

25 October, 2012

FSA publishes new mortgage rules

New rules will mean that all customers will need to satisfy lenders that they can afford the mortgage, and provide evidence of their income.

24 October, 2012

Scottish personal insolvencies down by 24.5 per cent on previous year

The Scottish Government figures also show a decrease in personal insolvencies by 27.5 per cent from the previous quarter.

23 October, 2012

An additional £13m to tackle fuel poverty in Wales

Welsh Government announces that the money will be divided between two fuel poverty schemes, Nest and Arbed, both of which target investment at those people most in need of help.

23 October, 2012

One in four fear home repossession

Money Advice Service reports on Which? Quarterly Consumer Report that shows an increasing gap between older, more financially secure homeowners and those aged 30-49 who bought their homes recently and are struggling.

23 October, 2012

Measuring National Well-being - The Economy

Office for National Statistics analysis shows that in the second quarter of 2012 net national income per head in real terms was 13.2 per cent below its level in the first quarter of 2008.

22 October, 2012

Cost of privately renting a home has risen by 37 per cent in past five years

New National Housing Federation report also shows that the cost of privately renting is set to increase by a further 35 per cent over the next six years.

22 October, 2012

Effectiveness of debt advice in the UK

Money Advice Service publishes survey that shows that individuals with unmanageable debt who have sought debt advice are almost twice as likely to have their debt become manageable within 12 months compared with those who have not sought advice.

19 October, 2012

Changes to WaterSure scheme as result of introduction of Universal Credit

Defra publishes consultation that includes proposals to ensure that everyone who receives Universal Credit, whether they are in or out of work, and regardless of their income, will be potentially eligible for WaterSure.

19 October, 2012

Rise in multiple payday loans

Consumer Credit Counselling Service figures show that over 2,000 of its clients this year have had five or more payday loans, and 173 of those who sought help in 2012 had ten or more payday loans.

18 October, 2012

99 per cent increase in rent arreas calls to National Debtline since 2007

Money Advice Trust publishes figures that show that nearly 10 per cent of all people calling National Debtline have rent arrears, compared to just six per cent in 2007.

8 October, 2012

Danger of ‘subclass’ of young homeless in Scotland

Scottish parliament committee has found that homeless young people are being failed by a lack of support in overcoming inadequate life skills, reports bbc.co.uk.

4 October, 2012

15 per cent increase in number of repossession orders in Wales

Courts granted 1,125 repossession orders to Welsh landlords between January and April this year - up from 975 for the last four months of 2011, reports bbc.co.uk.

13 September, 2012

Consumer debt and money report - Q2 2012

Money Advice Trust publishes report from Consumer Credit and Counselling Service that focuses on the effect that the double-dip recession is having on UK households.

7 September, 2012

Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012

New regulations increase the amount of fees payable in respect of payments into and out of the Insolvency Services Account.

5 September, 2012

Scottish government announces legislative programme for 2012/2013

Package of 15 bills include Adult Health & Social Care Integration Bill, Bankruptcy Bill and Land and Buildings Transaction Tax Bill

4 September, 2012

More than one in ten UK workers ‘underemployed’

TUC analysis shows that 3.3 million people are working in part-time jobs because they can't find full-time employment, an increase of 42 per cent since 2008.