by Francis Conroy | Oct 2, 2023 | Hot Topics
The FCA review of bank and other payment accounts was undertaken due to concerns about the scale of account closures and access to financial services, and more recently, concerns centred on whether account providers have closed customers’ accounts because of their...
by Francis Conroy | Oct 2, 2023 | Hot Topics
Key points of note in the Central Bank’s third Quarterly Bulletin for 2023 include: The path back to lower rates of inflation is likely to be gradual and uneven. Inflation, forecast to average 5.4 per cent this year, is expected to be 2.3 per cent in 2025. Tight...
by Francis Conroy | Jul 28, 2023 | Hot Topics
The Financial Conduct Authority (FCA) issued Financial Lives, their flagship survey of UK consumers, which provides nationally representative data about consumers’ attitudes towards managing their money, the financial products they have and their experiences of...
by Francis Conroy | Jul 12, 2023 | Hot Topics
The key finding of this report issued by the Competition and Consumer Protection Commission (CCPC) are: 58% people are satisfied with current financial situation, though one in seven report too much debt. 1 in 3 report that they are “just getting by,” among people...
by Francis Conroy | Jul 12, 2023 | Hot Topics
The report notes that: Risks to the global economy remain elevated, stemming from high inflation and the necessary monetary policy response, a tightening of financial conditions and geopolitical fragmentation. Domestically, persistent inflation and higher...
