What would your pick be this week? Duke’s daughter cites ‘cashflow issues’ to get speeding fine halved to £50 or Food banks see demand soar in wake of ‘nightmare’ universal credit cut ?
My choice is the good news story: Ofcom asks phone networks to block foreign scam calls.
Tweet of the week
2 debt advice referrals, both in IVAs, both struggling financially, both social housing tenants. Both should have done DRO. Absolutely sick of mis-sold IVAs..!! Foodbank vouchers issued as they cant afford food..!!
— Diddy (@diddy_DMG) October 27, 2021
Gambling – get refunds from loans, credit cards & overdrafts – my article looking at a range of FOS decisions involving affordability complaints and gambling.
Duke’s daughter cites ‘cashflow issues’ to get speeding fine halved to £50 Guardian: Socialite and business owner Eliza Manners wrote to magistrates pleading hardship.
- Homeowners face biggest hike in mortgage costs since 2008 Guardian: Data from government’s independent forecasting unit suggests interest payments could increase by 13% in 2023
- Homeowners urged to check their mortgage terms to avoid potentially ‘devastating’ worst-case interest rate rise of 3.5% in 2023 Mail: Mortgage payments could increase by hundreds of pounds a month if the Bank of England’s base rate was to rise, as the Office for Budget Responsibility forecast ahead of Wednesday’s Budget.
- Will the UK embrace long fixed-rate home loans? FT (paywall): looks at lengthening the traditional fixed-rate mortgage market from two or three years to 20 or 30.
Free debt advisors are key workers too and have helped some of society’s most vulnerable people iNews: most [debt advice] funding going to a handful of national services offering advice over the phone or online. Little is left over for smaller organisations who offer face-to-face advice, with many having to close their doors just as the need for their service intensifies.
Supporting foreign language speakers in debt advice – access to interpreters and translators Yorkshire & North Lincolnshire Money Advice Group: 11% of advisers said they speak to clients on a daily basis who need ‘extra support’ due to difficulty speaking or understanding English, and a further 39% of advisers deal with cases like this on a weekly basis.
Benefits & other news
Council tax to rise by up to £435 for millions of homeowners, warns Budget small print Mirror: The OBR said: “Net council tax receipts continued to rise in 2020/21 despite the pandemic (by 6 per cent) and are expected to continue to rise at similar rates across the forecast period. “By 2026/27, we expect receipts to be £12.1billion (33 per cent) above their 2019/20 level.”
Food banks see demand soar in wake of ‘nightmare’ universal credit cut Independent: 45 per cent of food banks preparing to cut food parcels or turn people away because of supply problems and rising demand as charity warns: ‘It’s dire out there’
Get tax credits or child benefit paid into a Post Office card account? Set up an alternative account now or your payments will stop MSE: 26,000 people who get tax credits, child benefit or guardian’s allowance paid into a Post Office card account need to take action urgently as HMRC will stop making payments into these accounts after 30 November.
Fears grow that big supplier Bulb could collapse next week as government accelerates contingency plans Sky:
Officials and regulators are on standby for Bulb, which has 1.7 million customers to collapse as soon as next week even as talks with potential rescuers continue, Sky News learns.
‘There needs to be change’: The damning housing report triggered by an ITV News investigation ITV: The Ombudsman’s “damning” report accuses councils of creating a “culture of blame” for tenants who are living in squalid conditions.
Gambling firms ‘should pay out’ for crimes fuelled by betting addiction Telegraph (paywall): why the justice system must better understand how problem gambling can lead to criminality.
Ofcom asks phone networks to block foreign scam calls BBC: Almost 45 million consumers were targeted by phone scams this summer. Ofcom said it expected the measures to be introduced at pace as a “priority”.
News round-ups are published every Sunday.
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