Government will protect consumers’ hard-earned cash and stamp out exploitation of online consumers new powers for the competition regulator will improve enforcement and tackle subscription traps and fake reviews so people can spend with confidence Business Secretary Kwasi Kwarteng: The UK’s economic recovery relies on the strength of our markets and consumers’ faith in them An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the Business Secretary Kwasi Kwarteng. The government will change the law so prepayment schemes like Christmas savings clubs have to safeguard customers’ money, protecting consumers’ cash as they save for the holidays. The change will prevent scandals like Farepak happening again, where tens of thousands of people, many on low incomes, lost all they had saved for Christmas when the company went bust.