Research conducted by the Financial Conduct Authority (FCA) suggests outstanding UK consumer debt is estimated at £12.8-15.2 billion, and fees for debt management plans are estimated to be £25 million a year.
Christopher Woolard, director of policy, risk and research at the FCA, said:
Debt management firms must start putting consumers first.
It's frankly unacceptable that those people who are struggling to make ends meet are being talked into unsuitable plans.
More top news
The supermodel was not in the LA property at the time of the incident on October 14, police said.
The UK only managed to rank 20th on the World Economic Forum's (WEF) index of nations - a slide from 9th position in 2006.
The UK's French ambassador, Sylvie Bermann said the destruction of the Calais 'Jungle' will encourage refugees to seek asylum in France.