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March 2020

Christians Against Poverty asks how the pandemic will affect the UK’s poorest

31 Mar 2020 | Posted In Money advice news

Christians Against Poverty’s latest blog looks at how the Coronavirus pandemic will affect the UK’s poorest drawing on its experience. Read it here.

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COVID-19 update: Equifax publishes summary of regulators’ positions on credit

30 Mar 2020 | Posted In Money advice news

Stuart Holland, Head of EU Government Relations at Equifax has pulled together a summary of regulators’ new guidance on payment, debt and forbearance in light of the Coronavirus outbreak so far. Although it is not exhaustive and it is intended that it will be updated regularly, the first version of the document contains updates from […]

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UK to change insolvency rules to protect businesses

30 Mar 2020 | Posted In Money advice news

The UK government has announced new insolvency measures to prevent businesses unable to meet debts due to the impact of coronavirus from being forced to file for bankruptcy. The wrongful trading law would has been suspended to protect directors during the pandemic. The move will allow directors of companies to pay staff and suppliers even […]

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Water companies step up action to help customers in need during Coronavirus crisis

27 Mar 2020 | Posted In Money advice news

Water companies in England and Wales have stepped up efforts to help customers who have lost their jobs or had their incomes cut during the coronavirus crisis. The companies are encouraging households suffering from immediate or short-term issues with paying their bills to get in contact so that they can receive help. All water companies […]

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CIVEA confirms suspension of enforcement action

27 Mar 2020 | Posted In Money advice news

In response to speculation that enforcement activity will continue during the COVID-19 crisis, CIVEA has written to Ministers as Russell Hamblin-Boone, chief executive of the Civil Enforcement Association, explains: “We have worked closely with the Ministry of Justice to ensure that people are protected during the coronavirus crisis. Despite the false information circulated by debt […]

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