The FCA has set out its Consumer Duty priorities for 2025/26. These include continuing to embed the Duty and Supporting firms to deliver good outcomes under the price and value outcome. A programme of action accompanies the priorities: Consumer Duty requirements review: Update | FCA

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Source: FCA
Date: 30 September 2025

Lucy Castledine, Director of Consumer Investments, gave a speech at the Personal Investment Management & Financial Advice Association (PIMFA) Compliance Conference 2025. She said firms should continue to challenge themselves on Consumer Duty and how best to make sure clients have good outcomes.

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Source: FCA
Date: 30 September 2025

The Bank of England (BoE) has published its latest Money and Credit statistics for the month of August. The key figures highlight that:

• Net mortgage approvals for house purchases decreased by 500 in August, to 64,700. Approvals for remortgaging decreased by 900 in August, to 37,900.
• Net borrowing of consumer credit by individuals remained flat at £1.7 billion in August. Within this, net borrowing through credit cards slightly decreased to £0.7 billion in August, from £0.8 billion in July. Net borrowing through other forms of consumer credit slightly increased, to £1.0 billion from £0.9 billion.

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Source: BoE
Date: 29 September 2025

The Money Charity has published its statistics for September. The figures highlight that:

• inflation was 3.8%
• the average credit card debt per UK household was £2,612 in July
• the total unsecured debt per UK adult was £4,298
• the total debt, secured and unsecured, per UK household was £66,232.

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Source: The Money Charity
Date: 30 September 2025

This edition includes information on recent consultations.

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Source: Financial Ombudsman Service
Date: 25 September 2025