LoginRising costs 'threat to consumers'
CTSI warns the cost of living crisis will lead to 'significantly increased levels of risk'
Posted 22 February 2022 | JoTS Online
Content Tags: Updates|Consumer Goods and Services|National
UPDATES: CTSI warns that rising energy bills, inflation and post-pandemic pressures could sharply increase consumer vulnerability, creating fertile ground for loan sharks, energy mis-selling and other scams unless the UK strengthens its consumer protection strategy.
CTSI is warning that the cost of living crisis will greatly expand consumer vulnerability and that the UK urgently needs a more effective strategy to protect consumers.
Trading standards experts are concerned that the crisis will create opportunities for fraudsters to immiserate a financially desperate public, especially the most vulnerable. Some of the likely consequences listed by consu...
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The Chartered Trading Standards Institute (CTSI) is the representative body for UK Trading Standards and Regulatory Compliance professionals - and one of the largest, oldest (est. 1881) and most respected consumer protection organisations in the world.
As a non-profit campaigning organisation (see our Latest Campaigns), our strength, our voice and our ability to influence government, industry and the media, and shape public opinion comes directly from our membership, who are organised in an active network of branches, regions and special interest groups around the country. We are stronger together.
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