Category Archives: WeeklyUpdate

Start of August: Weekly roundup 31 July 2020

This week continued to feel a quieter week and being the last week of July, the news cycle slowed somewhat. Here are the key stories this week. It has been reporting week for the banks and most have posted significant … Continue reading

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Time to relax a little?: Weekly Roundup 24th July 2020

This week has undoubtedly been a quieter week with a little time off work. However the news cycle continues with the main news (outside of politics) still being economic projections on the impact of lockdown. Mortgage, credit card and loan … Continue reading

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Dog days of 2020: Weekly Roundup 17 July 2020

A bit of a different tack this week. With all the focus on COVID19 and the lockdown, it has been easy to forget about the other topic…. Brexit. Most of us are tired of the issue and have been quite … Continue reading

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Insulating the economy?: Weekly Roundup 10 July 2020

A key theme for me this week has been the announcement of more financial assistance to get people back to work. In the UK chancellor’s summer statement £30bn of measures were announced; from VAT relief for the hospitality industry, a … Continue reading

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Get your haircut, down the pub: Weekly Roundup 4 July 2020

The big news this week(end) is of course that we can now all get a haircut and head out to the pub. With haircuts starting at midnight and the pubs open from 6am (yes 6am!), it certainly looks like a … Continue reading

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Too relaxed, too quickly?: Weekly Roundup 26 June 2020

The relaxation of lockdown has continued globally, and in the UK with hot summer weather this week, it has appeared to prompt a mass migration to the beach. There were so many people in some locations a major incident was … Continue reading

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More payment extensions: Weekly Roundup – June 19 2020

Right at the end of the week, just like last time, the government announced the intention to further extend the payment deferral scheme for credit cards, store cards, and loans. All of this is with no impact on a customer’s … Continue reading

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Economic impact starts to bite: Weekly Roundup – June 12 2020

The main story this week has been more economic news, and not so great really. The UK economy has shrunk by 20%. It’s the biggest contraction ever, making for some stunning graphs. This one here showing the depth of the … Continue reading

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FCA guidance, spending and sleeping less: Weekly Roundup – June 5 2020:

It feels like the developments each week are gradually starting to slow for now. Updates for this week. The FCA released its updated guidance on the mortgage holiday scheme extension. There is definitely a direction towards the greater use of … Continue reading

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Exit? what Exit?: Weekly Roundup – May 30 2020:

Conversations this week have continued to centre around exit planning. Although volumes of customers in arrears continue to be down, largely thanks to the government payment holidays, with over 1.5m payment holidays on cards and loan, and nearly 11m people … Continue reading

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