Sat 29 Aug 2026
FTSE 100 10,824.26 +0.07%Microsoft 513.53 +6.27%NVIDIA 217.55 +1.32%Apple 319.70 +3.35%Google 342.88 +0.33%S&P 500 7,711.76 +0.49%Nasdaq 26,402.42 +0.85%Dow 53,559.99 +0.53%Russell 2000 2,972.37 -1.51%US 10Y Treasury 4.72% +0.34%Euro Stoxx 50 6,485.67 +0.58%DAX 26,569.99 +1.66%AEX-Index 1,112.28 +0.21%Nikkei 225 66,405.56 +1.34%Hang Seng 25,584.79 -1.63%Gold $4,529.90 -2.39%Silver $67.79 -1.10%Brent Crude Oil $88.10 -4.42%Natural Gas $2.89 +3.81%Copper $6.66 +0.91%GBP/USD 1.3537 -0.86%GBP/EUR 1.1679 -0.08%GBP/AUD 1.8899 -0.72%Bitcoin (USD) $77,446 -1.42%Ethereum (USD) $2,433 -0.40%FTSE 100 10,824.26 +0.07%Microsoft 513.53 +6.27%NVIDIA 217.55 +1.32%Apple 319.70 +3.35%Google 342.88 +0.33%S&P 500 7,711.76 +0.49%Nasdaq 26,402.42 +0.85%Dow 53,559.99 +0.53%Russell 2000 2,972.37 -1.51%US 10Y Treasury 4.72% +0.34%Euro Stoxx 50 6,485.67 +0.58%DAX 26,569.99 +1.66%AEX-Index 1,112.28 +0.21%Nikkei 225 66,405.56 +1.34%Hang Seng 25,584.79 -1.63%Gold $4,529.90 -2.39%Silver $67.79 -1.10%Brent Crude Oil $88.10 -4.42%Natural Gas $2.89 +3.81%Copper $6.66 +0.91%GBP/USD 1.3537 -0.86%GBP/EUR 1.1679 -0.08%GBP/AUD 1.8899 -0.72%Bitcoin (USD) $77,446 -1.42%Ethereum (USD) $2,433 -0.40%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 17°C OvercastBirmingham 15°C OvercastManchester 13°C FogNewcastle 12°C MistBristol 16°C Patchy rain nearbyPembroke 16°C Light rain showerEdinburgh 13°C MistBelfast 12°C OvercastInverness 13°C Patchy rain nearbyPenzance 18°C Light rain showerHolyhead 16°C Patchy rain nearbyNorwich 17°C Overcast
More Info

New Measures Aim to Protect Homeowners from Rogue Builders

Advertisement
Follow News in 60 on Facebook

The UK government is set to launch a new scheme next month aimed at protecting homeowners from ‘cowboy builders’. This initiative includes a database of trusted tradespeople and a secure payment system that will hold customers’ funds until specific milestones in renovation projects are met.

The significance of this move lies in its potential to reshape the home improvement landscape. With over a quarter of homeowners reporting issues with builders, this scheme could significantly reduce the financial losses incurred from poor workmanship and upfront payment scams, which have cost consumers billions.

However, the effectiveness of these measures is under scrutiny. Critics argue that rogue builders may not comply with the new system, and that existing regulations are already in place without sufficient enforcement. This raises concerns about whether the initiative will genuinely deter unscrupulous operators or merely add administrative burdens on legitimate businesses.

In parallel, the government is also addressing the regulation of private bailiffs to protect vulnerable debtors. Together, these reforms signal a broader effort to enhance consumer protection in the UK, but the real test will be in their implementation and the actual impact on the industry’s reputation and consumer trust.

Source: BBC News

Read more Money news →

Leave a comment

Your email address will not be published. Required fields are marked *