OTHERSDebt advice that may leave you owing even more money
An increasing number of people are missing credit card repayments as finances are stretched by rising bills.
Lenders have told the Bank of England they expect the number of unpaid credit card debts to keep going up this autumn.
This could lead to more demand for advice on how to deal with debts â but, if you are struggling and need help, there are some traps to avoid.
And it is worth remembering that impartial advice is available free of charge from debt charities. So here's what to think about.
If you find yourself with money troubles, it can be tempting to seize any opportunity to get things back on track.
Social media and internet search pages are full of supposed quick-fix debt solutions. Cold calls and WhatsApp messages also promise debt help.
But they may well come with upfront fees, unrealistic claims about writing off debt, and pressure to make a quick decision.
Suggestions on the best way to find help include:
Impartial, authorised debt advice comes free. You can find a provider on the government-backed Moneyhelper website , external
Check whether a firm offering debt help is authorised by the regulator, the Financial Conduct Authority (FCA). You should cross-check the authorisation details they give with the FCA's register , external
Anyone unhappy with the service from an authorised firm can complain and, if you are still not happy, go to the independent Financial Ombudsman Service.
Alison Walters, director of consumer finance at the FCA, said: "Anyone struggling with debt deserves advice that puts their interests first.
"Free, impartial debt advice is available to everyone, and no one should be pressured or misled into paying for a debt solution that may not be right for them."
The FCA says that some unregulated firms collect people's details, through cold calling or online adverts, sometimes impersonating debt advice charities or debt collectors, and pass this information on to firms offering debt solutions that you pay for.
A quick search online will throw up lots of businesses offering ways to clear your debt, not all of which are trustworthy, according to charities.
Warning signs of unscrupulous firms include pressure tactics, such as repeated contact, often in messages and on the phone, pushing people to agree to a debt solution, the FCA says.
Some people have been encouraged to change financial details on lenders' paperwork, or are "coached" in ways to respond.
Sometimes people are steered towards a fee-charging debt solution, such as Individual Voluntary Arrangements (IVAs) or some debt management plans, without alternative options being properly explained or offered first.
And, do you know who you are talking to? Ask them who they work for, and check if their details match the firm's official details.
"Before making any decisions around how to deal with your debts, it's always worth getting full, free and impartial debt advice first, exploring all options to clear your debt in the safest and most sustainable way," said Vikki Brownridge, chief executive at debt charity StepChange.
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OTHERSTrump faces growing backlash over plans to import diesel from Russia
Global fuel prices have soared since the US-Israel war with Iran began at the end of February
US President Donald Trump is facing a growing backlash over plans to import diesel from Russia as the Iran war continues to impact global energy prices.
Trump on Friday announced that Russian President Vladimir Putin had agreed to release 300,000 tonnes of diesel immediately "to the American and global marketplace" followed by several other shipments.
That is despite signing legislation to authorise fresh US sanctions and tariffs on nations that import Russian oil and gas just weeks ago.
The move has been criticised by some Republican and Democratic lawmakers, who believe the deal violates US laws.
As well as the initial release of 300,000 tonnes of diesel, Trump said Russia would then supply 500,000 tonnes in November and one million more after that.
This would be followed by a further three million tonnes, which would be delivered "within a short period" dependent on the condition of its refineries, which have been attacked by Ukraine during the ongoing war between the two countries.
"Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority," Trump wrote in a Truth Social post.
Russia's Deputy Prime Minister Alexander Novak confirmed these numbers to Tass, the country's state-owned news agency, saying the export volume could reach three million tonnes per month in future.
Ukrainian President Volodymyr Zelensky has called the deal a gift to Putin that amounts to "an investment in a war that must be ended".
It is understood the US Treasury is suspending sanctions on Russian diesel exports until 7 April as part of the deal, but other assets like those in American banks are still frozen.
A group of seven senators - four Republicans and three Democrats â on Sunday said the deal violated US laws, urging Trump to "reverse course".
"The United States should not provide Putin with a financial lifeline while Russia continues to kill Ukrainian civilians," the lawmakers said.
They added that Congress had "explicitly banned Russian energy imports in 2022 to prevent American dollars from financing Putin's brutal war against Ukraine".
The statement was signed by Republicans Susan Collins, Lisa Murkowski, Thom Tillis and John Curtis, as well as Democrats Jeanne Shaheen, Richard Blumenthal and Ron Wyden.
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Not everyone is opposed to the deal. Republican Thomas Massie, who has sparred with Trump a number of issues, said the US should lift sanctions on all petroleum products.
Trump's Treasury Secretary Scott Bessent told Fox News the agreement would work through existing legal channels the US has to help bring prices down and that anyone in Congress who said it would not was wrong.
Global fuel prices have soared since the US-Israel war with Iran began at the end of February, with the fighting severely disrupting supplies of crude oil - a key ingredient in petrol and diesel.
The rising prices have become a key issue for Americans ahead of next month's midterms elections, which will determine if Trump's Republican Party maintains control of Congress.
Polls show a majority of Americans disapprove of his handling of the economy and the war in Iran and he has been searching for ways to ease his party's political pain.
The toll the war is taking has been acutely felt by US agricultural states, which rely heavily on diesel to operate farming machinery and to transport their products to market.
The average diesel price in the US is currently $6.28 (£4.74) a gallon, according to the AAA, down from the record high of $6.53 recorded at the end of September.
Analysts have questioned whether Russia is capable of providing that quantity of diesel and the extent to which doing so will ease prices for American consumers.
The US uses approximately 3.6 million barrels of diesel a day, so even if Russia delivers its promised 300,000 tons this month, which amounts to approximately half of the US daily consumption.
It is not only at home that Trump is facing opposition to his diesel deal with Russia. A number of international leaders have criticised it, including Canadian Prime Minister Mark Carney and UK Defence Secretary Wes Streeting, who said the US and other allies of Ukraine should focus on ramping up pressure on Russia to end the war.
Meanwhile, Trump announced in Sunday that Russia and Ukraine had reached an "energy ceasefire" but did not give more details. Ukrainian President Volodymyr Zelensky welcomed this but there was no response from Moscow.
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STARTUPSAI is less regulated than milk, says Microsoft president
Milk and washing machines are currently more regulated than AI, the president of Microsoft has said.
Brad Smith said there needed to be global safety rules in place, including a legal obligation to tell a "victim" if their system is breached by a rogue AI agent as well as deciding when outside evaluators should sign off on an AI product before it is released.
His comments put him at odds with President Donald Trump, who said the sector should regulate itself so US firms don't lose out to Chinese rivals.
But Smith said: "Right now, your washing machine is subject to more safety rules than AI. Every carton of milk that you see in the grocery store is subject to safety rules and inspection."
Demands for laws and rules to control AI have grown after experts in the sector said they believed the technology its a threat to humanity.
The bosses of the US-based AI giants such as Anthropic, OpenAI and Google DeepMind have all backed the idea of an AI development slowdown , but Trump has pushed against this.
Speaking to the BBC's Big Boss Interview, Smith called AI both a "tool and a weapon" that urgently needed to be regulated.
"Let's get started today," he said.
He said firms need "emergency brakes" â often known in the industry as 'kill switches' â to pause or slowdown AI if it got out of control in some way.
He also said there should be a legal requirement for firms to write "incident reports" and tell victims if the technology goes rogue. He also suggested that independent government evaluators should vet new AI technology.
"We know how to do this for other products," Smith said. "We should build on that knowledge and think about how to apply it to AI."
Smith said the UK was best placed to drive forward these global rules for AI because of its AI Security Institute , external , launched during former prime minister Rishi Sunak's government as the AI Safety Institute.
"In the world of technology, in the tech sector, most people that I know would say, if you ask them, name the country that is the leader in having this technical capability, they would say, it's very simple. It's the United Kingdom. They are the best."
Smith's views are very different to those of his president, who believes the US should be going full-steam ahead on AI.
Trump has repeatedly said that "whoever wins AI, wins".
However, Smith does not believe the US government would be as opposed to UK-led AI regulations as Trump's comments make it seem, suggesting the US would be more accepting of the UK making standards than the EU.
"In Washington DC, people don't look at the UK and they don't look at London the way they look at Brussels â that's a strength," he said.
"When you look at AI agents that have escaped human control, when you look at models that are so powerful that they're putting the world's cybersecurity at risk. I would say: The moment has arrived.
"Let's speak calmly, maybe even softly, but firmly, and start to bring people together. I hope that's the role we can play as a company. I hope that's the role the UK can play as a country."
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At the end of last month, Trump hosted the leaders of US tech giants OpenAI, Anthropic, Nvidia, SpaceX, Meta, and Google at the White House where the executives signed a "morally binding" document .
The companies agreed to work with "independent auditors" to assess whether their AI systems are working as intended and make sure they do not "hack or access technical systems in unintended ways".
Smith said he applauds the statement and Microsoft is "happy to sign it".
"It's a good step, it's a necessary step... But I don't think it's sufficient any longer."
He added that the challenge for any "self-regulatory regime" is that "the good companies will do what you want".
"It's the companies that are not as responsible that you need to worry about."
OTHERSIran war threatens Healey's Budget plans, think tank warns
The price spike caused by the US-Israel war in Iran poses a major challenge for Chancellor John Healey as he puts together his first Budget, an influential think tank has warned.
Higher-than-expected inflation could eat into what the government hoped to spend on public services, meaning Healey will have to choose between spending cuts, tax rises, or a mixture of both, the Institute for Fiscal Studies (IFS) said.
It urged the government to ensure its spending plans are credible, as opposed to proposing unrealistic future cuts to make the Budget add up.
The Treasury declined to comment on "rumour and speculation".
However, speaking ahead of the annual International Monetary Fund meeting this week, Healey said: "The consequences of conflict in the Middle East and Europe are hitting countries worldwide, leading to higher prices at the pumps and more expensive mortgages at home.
"But Britain and our alliesâ¯can face up to these challenges together."
He said his Budget "will build on this approach with fiscal discipline helping to deliver economic resilience" and give people "breathing space".
However, the government is under growing pressure to show financial markets that it has a tight grip on finances as the cost of borrowing rises.
The IFS cautioned Healey about making any spending announcements in the 28 October Budget speech he has no intention of honouring.
"A 'steady-as-she-goes' Budget is not an option available to the chancellor," said IFS director Helen Miller said.
"Choosing to stay the course with the inherited tax and spending plans would mean allowing inflation to blow departments' spending plans off course.
"Simply pencilling in implicit cuts that he has no intention of delivering would make the Budget a work of fiction," she added.
The US-Israel war against Iran and Russia's invasion of Ukraine have together helped drive up energy prices around the world.
These higher costs have been passed to customers via higher prices on shelves and at the pumps.
The wars have also contributed to a rise in the cost of UK government debt interest payments, adding to the pressure on Healey.
Although higher inflation will boost tax revenues, it will also eat into the value of departments' cash budgets, the IFS said.
Like other analysts, the IFS thinks recent turbulence on bond markets and higher inflation will add around £10bn to forecasts for the government's borrowing costs in 2029-30.
However, it still expects the government to meet its self-imposed fiscal rules - that it will only borrow for investment projects by the financial year 2029-30 and also be reducing debt as a percentage of GDP - not least as inflation pushes up tax revenues.
But it expects those rules to be met by a smaller buffer - known as "headroom" - of around £20bn. That is less than the £24bn buffer predicted at the time of the Spring Statement by the official forecaster, the Office for Budget Responsibility (OBR).
Recent indications have been that the markets would be comfortable with that degree of reduced headroom. The IFS also expects any "breathing space" help for households to be temporary and limited in scale.
However, the IFS warns that in such a volatile environment, its forecasts are exceptionally uncertain. And the official forecast from the OBR - which the chancellor relies on when making his plans - may come to a very different conclusion.
The IFS reckons that to maintain departments' budgets in the face of higher inflation, the government may need to find an extra £25bn in 2029-30.
That is before consider considering the ambition to raise defence spending. Raising such an amount would point to significant tax rises.
The chancellor does not have to address spending totals in this Budget, and may choose to leave such decisions until future events - for example, next year's Spring Statement or Spending Review - by which time the outlook for the economy could look very different.
But the IFS warned that the spending plans inherited from the previous chancellor, Rachel Reeves, would mean some departments' budgets would not keep pace with inflation in a few years time.
It said not addressing this would cast doubt on the credibility of the government's plans.
However, previous chancellors have relied on a similar strategy of pencilling in unrealistic future spending plans to ensure that they meet the fiscal rules on the day - only to change the plans further down the line.
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