Banking, investments and credit FAQs
Answers to frequently asked questions relating to banking, credit, mortgages, investments and financial service fraud.
This is a report on the House of Commons Committee Stage of the Consumer Rights Bill. It complements Research Paper 14/5 prepared for Commons Second Reading.
Consumer rights Bill: Progress of the Bill (575KB PDF)
This is a report on the House of Commons Committee Stage of the Consumer Rights Bill. It complements Research Paper 14/5 prepared for Commons Second Reading.
The Bill would set out a framework that would consolidate in one place key consumer rights covering contracts for goods, services, digital content and the law relating to unfair terms in consumer contracts. The Bill would also introduce easier routes for consumers and small and medium enterprises (SMEs) to challenge anti-competitive behaviour through the Competition Appeal Tribunal (‘CAT’). In addition, the Bill would consolidate and simplify enforcers’ powers (as listed in Schedule 5) to investigate potential breaches of consumer law and would clarify that certain enforcers (Trading Standards) could operate across local authority boundaries. Finally, the Bill would give the civil courts and public enforcers greater flexibility to take the most appropriate action for consumers when dealing with breaches or potential breaches of consumer law.
The Committee divided on a number of occasions, but none of the amendments or new clauses moved by the Opposition were agreed. The Government moved a small number of minor technical amendments and new clauses, all of which were agreed.
Consumer rights Bill: Progress of the Bill (575KB PDF)
Answers to frequently asked questions relating to banking, credit, mortgages, investments and financial service fraud.
Business and consumer sentiment can give an early indication of economic trends. Find the latest data on what businesses and consumers expect for the UK economy.
Hairdressers and barbers are currently unregulated in the UK. However, they are subject to consumer protection legislation as outlined in this briefing.