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CAB News 15 October 2021

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CAB News 15 October 2021

Friday 15 October 2021

Our research on the impact of Buy Now Pay Later schemes continues to be used by the national press.

National

Consumer

Shoppers are at risk of being plunged into debt with Buy Now Pay Later schemes, consumer watchdog warns

Daily Mail, 13/10/2021

A report by Which? found more than half of the UK’s biggest online retailers offer some form of Buy Now Pay Later plan. The majority were heavily promoting the schemes – yet several did not offer information on the dangers of late payment. This story includes our research from last month which found those using ‘BNPL’ were charged £39 million in late fees over the past year.

Energy

Rising energy prices and fuel poverty

BBC Radio 4’s Today programme (listen from 16 mins in) 08/10/2021, (also The Guardian)

Dame Clare Moriarty went live on the Today programme to talk about the rise in energy prices and fuel poverty. She said: “With the energy price cap potentially rising by another £400-600 in April, government needs to look urgently at further support to help people with their bills.”

Our Head of Future Energy Services, Dhara Vyas, also spoke about the issue on BBC Breakfast.

Further stories on the rise in energy prices included Telegraph, ExpressThe Mirror & Sun (print). Citizens Advice Derbyshire was featured on Sky News, talking about the support it provides for local families facing fuel poverty.

Universal Credit

Universal Credit cut

ITV (watch from 23:28), 07/10/2021

Dame Clare Moriarty’s analysis of the Prime Minister’s party conference speech appeared on ITV’s Peston. Clare critiqued the decision to cut Universal Credit and urged the government to do more to tackle the cost of living crisis this winter.