A varied week, from the Chief Ombudsman resigning to a couple of interesting court decisions. Best news of the week – Law for more affordable school uniform could be in place by start of autumn term – although Tories are calling for it to be delayed.
Tweet of the week
Dorries just said that most nurses will understand and accept the1% pay rise BECAUSE THEY HAVE HUSBANDS AND PARTNERS WHO ARE BRINGING IN SALARIES.
How are we STILL having this conversation???? 😡😡😡
— Eva Feltham 💙 3.5% REJOINER FBPE (@MyGineration) March 11, 2021
- Justice denied by the scam logjam: Cases are piling up at the financial complaints watchdog, leaving victims waiting years for refunds Mail: a huge caseload of 158,038 open complaints – more than 1 in 6 of which were first logged over a year ago.
- Chief Ombudsman Caroline Wayman resigns my article
- Habito to launch ‘lifetime’ fixed-rate mortgage that lets you lock in for up to 40 years – here’s how it stacks up MSE: No early repayment fee, but the initial fee is high and the APR isn’t the cheapest. So it’s a complicated decision.
- Metro Bank launches ‘near prime’ mortgages for borrowers with low credit scores, missed payments and even repossessions on their record Mail: But no payday loans and a high APR.
How do we define “consumers in vulnerable circumstances”? Blog from Citizens Advice Energy policy manager: I think a single definition of vulnerability across essential services across regulators would support our work to design markets that are fair for all.
Benefits freeze will leave tenants across Britain facing rent arrears of £1,000 Guardian: The March 2020 budget restored the [LHA-rent] link to the 30th percentile, with far more renters fully covered by benefit as a result, but the new freeze, which has been announced for one year, will erode it again.
You are not alone – Guide to surviving economic abuse A new digital guide.
- Blemain Finance Limited Consumer credit litigation blog: The court concluded that the interest variation clause was unfair because there was no way a consumer could possibly work out with any certainty how or when their interest may vary. The Court also ruled that the charges were unfair. Any debt advisers that would like a copy of the judgment, let me know – it may be useful in similar situations with other bad credit secured lenders but it is a county court case, so not a precedent.
- CA Judgment in ‘Potter’: PPI and Limitation Gough Square Chambers blog – Court of Appeal upholds Canada Square v Potter judgment, so the 6 year Statute of Limitations did not run on this Plevin-style PPI case.
Benefits & other news
Law for more affordable school uniform could be in place by start of autumn term Mirror: Law will allow struggling mums and dads to choose where they buy kit instead of being forced to use monopoly suppliers tied to specific schools
- Reform urged for outdated council tax that hits poor hardest Guardian: within 20 years a homeowner in Easington can expect to have paid 37% of the value of their property in council tax, while a homeowner in Westminster would have paid just 1.9% of the value of their property.
- “I have given you an explanation on your Universal Credit payment, unfortunately it is not for me to comment or discuss your question on how you are to survive” Z2K blog Sarah* asked her Universal Credit case manager how she, her partner and 2 children were supposed to live on £73 for the entire month
Football Index: A community in ‘grief’ as users seek legal action after feeling ‘conned’ by the platform iNews: Users tell i how they were sold a dream by the self-styled ‘football stockmarket’ but have lost thousands now it has gone into administration
Greensill Capital collapse shows City watchdog needs shake-up, say MPs Guardian: MPs question how FCA could let Greensill operate unchecked in UK, claiming regulator is failing to protect firms and investors