Coronavirus: Support for household finances

This Commons Library briefing paper outlines the measures introduced by the Government, and other authorities, to support household finances during the coronavirus (Covid-19) outbreak.…

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The UK-EU future relationship negotiations: process and issues

The UK and EU begin negotiations over their future relationship this week. This paper outlines the UK and EU’s objectives, the main issues of contention and the process being followed in the negotiations …

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Brexit: a reading list of post-EU Referendum publications by Parliament and the Devolved Assemblies

This reading list brings together briefings on Brexit by the Parliamentary libraries and the Devolved Assembly research services with reports by Parliamentary and Devolved Assembly committees following the result of the EU Referendum on 23 June 2016.…

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Protecting consumers from unfair high-cost credit

High-cost credit covers a range of financial products including bank overdrafts, loans, buy-now-pay-later and rent-to-own. Each product has its own benefits to consumers, but they also carry a risk of consumer harm, especially for vulnerable customers. This harm may include high repayment costs and a greater risk of problem debt. The regulator, the Financial Conduct Authority, has been taking action to reduce this harm and it has ongoing monitoring work in this area.

This briefing describes the action that has been taken over recent years to stop unfair high-cost credit practices and gives information on the support available to those who find themselves in problem debt.…

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Bank branches: why are they closing and what is the impact?

The number of bank branches in the UK roughly halved from 1986 to 2014 and closures are expected to continue. Concerns have been raised about the impacts on vulnerable people, small businesses and the viability of the cash system. While measures are in place to reduce the impact of branch closures, a number of parliamentary committees have concluded that more needs to be done.…

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Trade in services and Brexit

While the UK prepares to leave the EU, the future of services trade has received less attention in the public debate than trade in goods. The UK’s exposure to services trade means however that businesses in many sectors across the economy will be affected. This paper looks at the complexity of international trade in services and discusses what could change under the different future scenarios.…

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No-deal Brexit: A guide to Commons Library research

The No-deal Brexit: A guide to Commons Library research is an annotated bibliography of sources published by the House of Commons Library on a potential no-deal Brexit. It will be updated regularly. Links to the papers included in the resource are available on this page, the downloadable version includes additional comment on some of the selected papers.…

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Personal finance: FAQs

MPs are often asked for help with personal finance issues. These can cover a wide variety of subjects, from difficulties opening a bank account to concerns about mortgage rates. This briefing sets out practical information to help you respond to common personal finance questions. It does not give the full policy background on each point. There are links to relevant documents throughout this briefing that provide more detail.…

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