‘Reset The Debt’ campaign calls for a fresh start for families in Britain swept into debt by Covid-19
A new ‘Reset The Debt’ campaign has been launched by a collective of Churches, faith-based groups and secular organisations to call for a ‘fresh start for families in Britain swept into debt by the Covid-19 pandemic’. The campaign proposes that the Chancellor creates a ‘Jubilee Fund’ to provide grants to pay off and cancel unavoidable […]
Read MoreCentre for Policy Studies publishes report on how to help struggling homeowners through the pandemic
Think tank the Centre for Policy Studies has published a new report entitled ‘From SMI to Mortgage Support: How to help struggling homeowners through the pandemic’. The paper argues there is a short-term need to improve the Support for Mortgage Interest (SMI) scheme to support homeowners through the crisis – as happened in the wake […]
Read MoreCIVEA reports success after one month of enforcement visits
The resumption of enforcement visits to collect overdue, pre-coronavirus debt to local authorities has been handled successfully one month on, according to evidence from CIVEA, the principal trade association representing over 95% of civil enforcement agencies in England and Wales. The vast majority of visits in the past month have been to enforce fines, traffic […]
Read MoreFirst tranche of Covid debt advice funding allocated
The Money and Pensions Service (MaPS) has allocated the first tranche of an additional £37.8 million to fund extra debt advice and other money support for people affected by Covid-19. Up to £7.5 million is being allocated to three debt advice providers – Christians Against Poverty (CAP), PayPlan and StepChange – to cover lost income […]
Read MoreCOVID-19’s Impact on Adviser Wellbeing: a spotlight analysis by Money Advice Scotland
In June 2020, Money Advice Scotland (MAS) asked advisers to participate in its Wellbeing Survey. The survey had an excellent response, and the answers will underpin MAS’ Wellbeing Index. Some of the most urgent results found were those around Coronavirus and workplace stress. A ‘spotlight analysis’ based on the findings examines the impact of the […]
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