My pick of last week’s news is the CPAG blog: Universal credit – a new era? Also a large number of gambling stories this week.
Tweet of the week
Imagine needing a Minister for Hunger in one of the richest nations on earth. https://t.co/WVPkxRyYvz
— Frances Ryan (@DrFrancesRyan) January 10, 2019
Bailiffs – The Rules of Enforcement Citizens Advice The lack of an effective complaints system means bailiffs are not held to account.
RBS admits misleading court to repossess customer’s home FT (£ paywall): Bank told court it was not aware of a relevant FOS complaint, when it had been told about it.
Payday loans and other high cost short term lending:
- Payday loan firm targeting hard-up Brits in Facebook groups charging up to 306% interest Sun: Beeloans has been posing as individuals on Facebook to recommend users take out its loans of £100 to £5,000.
- Bipolar sufferer who tried to kill himself over £70k debts slams banks for not capping his spending Sun
- Low-paid worker left struggling to afford food due to ‘drug’ of Wonga loans Mirror: Matthew Skeen tells how he got saddled with £12,000 of debt after getting hooked on loans from firms such as Wonga.
- Millions a bill away from the high-cost credit trap, but the fightback has begun Mirror: We’ll help people in the UK get access to affordable credit – join us in the fight for Fair Credit For All to make a real difference to people’s lives.
- Payday loan firm accused over ‘cynical Christmas ad’ Guardian: Rachel Reeves calls on finance watchdog to intervene over Provident mail-shot for 535% APR loan.
Improving switching options for mortgage prisoners FCA letter – it’s not clear how many people would be helped in practice by this.
Thousands of fraud victims tricked into handing over their life savings could now get their money back in landmark watchdog ruling Mail: Financial Ombudsman has ordered Santander to refund one customer £12,000.
Universal credit news
UC judicial review decision (“4 single mums vs the DWP”) Judgement: There will need to be an adjustment where, as in the present case, the claimants actually received two months’ salary in one assessment period but the combined salaries do not, in fact, constitute earned income in respect of the period of time included in that assessment period.
Universal credit to be paid to main carer in attempt to help women Guardian: Work and pensions secretary Amber Rudd unveils package of changes to benefits system.
Tory Amber Rudd suggests heartbreaking Universal Credit stories are about ‘one or two’ people Mirror:
The Work and Pensions Secretary suggested “various publications” have run stories “based on one or two particular individuals”, but “the vast majority” get support.
Universal credit: a new era? CPAG blog: We stand by our view that no one should be moving to universal credit in its current state.
Just seen a 20 year old patient who spent 150k in 24 hours gambling online using #PayPal
His bank turned down the payments so he withdrew 2k at a time with PayPal over and over and over again
How could This happen?
Has anyone heard of something similar? @GamRegGB any thoughts?
— Henrietta Bowden-Jones (@ArtScienceDoc) January 9, 2019
Gambling on credit cards could be banned in overhaul of betting Guardian: Industry watchdog to call for evidence in move that would affect billions of pounds of bets a year.
Turning the tables on gambling tech FT (£ paywall) To make treatment work, technology paradoxically needs to be befriended and used to achieve sophisticated stimulus control.
Top YouTube stars ‘encourage children to use gambling site’ Times (£ paywall) The children’s commissioner for England told The Times that the MysteryBrand service was “gambling, plain and simple” and included items bound to appeal to children.
Facebook local groups now the target for gambling companies Blog: a clearly manipulative approach designed to prey on and draw people in to spend money because another “local person” has just had a big win.
Gambling addiction: Flaws exposed in online self-exclusion scheme BBC: by changing a few small details – including misspelling a surname … it was still very easy to open a new account and continue gambling, even while banned.
Grammar Schools and Access to Universities: HEPI report not an accurate or complete picture University of Bath blog: a demolition of the claim in a recent report that “grammar schools … play a significant role in supporting social mobility”