UK PM Andy Burnham Vows Crackdown on Subscription Traps, Fake Discounts
The government will consult on banning fake previous prices and subscription traps, with new rules set to give consumers clearer terms and easier exits.
- Prime Minister Andy Burnham announced a crackdown on misleading product discounts and subscription traps, aiming to ease financial pressure on British households.
- Originally scheduled for next spring under Sir Keir Starmer, Burnham will accelerate the subscription reforms to January to prioritize household relief.
- Dame Clare Moriarty, chief executive of Citizens Advice, called these practices 'a widespread problem,' noting 26 per cent of UK adults accidentally subscribed annually; a 14-day cooling-off period will enable cancellations.
- The British Retail Consortium, representing Tesco and Sainsbury, played down the issue, while opposition figures criticized Burnham's August plans as a 'vanity tour' offering only 'tinkering.'
- Ahead of the first Budget on October 28, Burnham's summer tour will inform a 10-year plan, as Chancellor John Healey faces pressure to maintain 'fiscal discipline.
67 Articles
67 Articles
Emma Revell: Bunham's easy wins aren't enough to fix the country
Emma Revell is External Affairs Director at the Centre for Policy Studies. When it comes to Andy Burnham’s cost of living tour, at least he is being honest. The Prime Minister told the BBC earlier this week that his plan is to deliver an “accumulation of smaller things” that “combine to take the pressure down“. Small indeed – measures announced so far include taking VAT off household electricity bills, capping bus fares, and accelerating an alre…
Emma Revell: Bunham’s easy wins aren’t enough to fix the country
Emma Revell is External Affairs Director at the Centre for Policy Studies. When it comes to Andy Burnham’s cost of living tour, at least he is being honest. The Prime Minister told the BBC earlier this week that his plan is to deliver an “accumulation of smaller things” that “combine to take the pressure down“....
MP welcomes action to end subscription traps and put money back into West Lothian families' pockets
Gregor Poynton MP has welcomed the UK Labour Government's decision to bring forward new laws making it easier for people to cancel unwanted subscriptions, saying the changes will help families across West Lothian keep more of the money they work hard to earn.
UK Accelerates Crackdown on Subscription Traps as £1.6bn Consumer Bill Mounts
British consumers lose more than £1.6 billion a year to subscriptions they never wanted. Nearly 10 million of the country’s 155 million active subscriptions sit unused or forgotten. The average adult juggles about three. Annual spend per person hovers near £500. Yet inertia, tricky cancellation processes and silent rollovers from free trials keep the money flowing to companies long after interest fades. That figure comes straight from government…
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