Sharp rise in landlords and homeowners in mortgage arrears, data shows theguardian.com/money/2023/nov…

Pls DON'T let this be true. It reports HM Treasury plans to shelve much needed, called for & worked on plans (by Which?, Financial Conduct Authority, CitizensAdvice & til now govt itself) to regulate Buy Now Pay Later

Why'd it not regulate the UKs fasted growing form of debt, with billions lent?

new post - my article on the Amigo announcement that the Scheme is going into Fallback and Amigo will be liquidated.
This looks at the implications for customers.
debtcamel.co.uk/amigo-fails-sc…

Stark stats:

29% of kids are growing up in poverty
48% of kids in Black & minority ethnic families are in poverty
42% of kids in households with 3+ kids are in poverty
44% of kids in lone-parent families are in poverty
71% of kids growing up in poverty live in a working family

Firm with £700,000 govt contract to give people energy saving advice goes bust before taking a single call.

🚨 There are rising reports of text, email and phone scams impersonating energy firms.

For example, from thieves saying your energy supply has switched and asking for your payment details.

What to look out for and do if you think you're a victim ⤵️

ofgem.gov.uk/information-co…

🏴󠁧󠁢󠁷󠁬󠁳󠁿 COUNCIL TAX

Minister Rebecca Evans MS Welsh Treasury confirms Welsh Govt committed to ending the council tax rule that makes people liable for full bill where just one payment missed.

Great to hear our advocacy at Citizens Advice Cymru recognised too.

senedd.tv/Meeting/Clip/8…

Prepayment meter scandal - 3.2m households ran out of credit last year says CitizensAdvice and two million sat in the dark and cold once a month. Charity calls for an end to power companies forcing them on customers. 600,000 forced onto them last year bit.ly/3QA1bVQ

What does an unheated room do to your body?

10 degrees is the average temperature that people will be living in, if they can't afford to heat their homes
“as I was about to find out, 10C has a profound impact on the heart, lungs and brain.” bbc.co.uk/news/health-63…

Energy bills are set to rise by over 80% this winter, compared to pre-crisis levels. Older generations will see the greatest squeeze on their incomes due to their larger and less energy-efficient homes, but younger people are most likely to struggle to pay rising bills. THREAD🧵

Electric heaters may pose fire risks despite savings bbc.in/3AhoFrL

Buy now, pay later schemes increasingly an avenue for financial abuse, report finds theguardian.com/business/2022/…

Disability Living Allowance and Personal Independence Payments are no longer qualifying benefits for the Warm Home Discount. Adam Scorer says this is an ‘unwelcome and an unnecessary change’. Kevin Peachey writes about the new criteria for the scheme here: tinyurl.com/bdzm3ac2

Revealed: working class people paid thousands less than middle class peers despite doing same jobs theguardian.com/inequality/202…

‘Too slow to act’: Ofgem’s ‘failures’ cost energy consumers billions, say MPs theguardian.com/business/2022/…

Foodbank spends £500 a week to meet demand during cost-of-living bbc.in/3O4fXmC

Cost of living and rent 'recipe for disaster for young people', say charity Shelter bbc.in/3Ek3YOk

'Warning lights flash' as more workers seek help, says Citizens Advice bbc.in/3O0GOj7

New post - Should you get a smart meter? debtcamel.co.uk/should-i-get-a…

You can help.

Writing to your MP to ask them to support increasing all benefits by inflation as usual takes just 2 minutes.⬇️ [2/2]

turn2us.eaction.org.uk/UprateBenefits