Citizens Advice concerned about ‘debt time bomb’ being a countdown to a household debt disaster
As the cost-of-living crisis continues to affect many UK households, Citizens Advice is increasingly concerned that many indebted consumers may be heading towards a ‘debt time bomb’. They have found that millions of people are living on empty, seeing their basic spending overtake their income each month: An estimated ‘hidden’ essential bills and government debts […]
Read MoreChristians Against Poverty publishes polling insights on the rising cost of living
UK debt help and anti-poverty charity Christians Against Poverty’s (CAP) has released its latest YouGov polling of over 2,000 UK adults revealing that the cost of living crisis is leading to a rise in people unable to cope with unexpected costs. It found that, as a result of the cost of living crisis: 28% of […]
Read MoreMaPS publishes findings from call for evidence on debt advice clients with deficit budgets
Money & Pensions Service (MaPS) published a call for evidence on deficit budgets in August 2022, with the aim of: Developing a greater knowledge of deficit budget clients, including the different client cohorts that exist and their respective needs. Learning how debt advice might support deficit budget clients to achieve better, longer-lasting outcomes, and what […]
Read MoreNew Policy in Practice analysis: £19 billion of support goes unclaimed each year
New analysis by Policy in Practice has found that the total amount of unclaimed income-related benefits and social tariffs is now £18.7 billion a year. They estimate that £7.5 billion of Universal Credit is unclaimed by 1.2 million eligible households and £2.9 billion of Council Tax Support is unclaimed by over 2.7 million eligible households each […]
Read MoreMoney and Pensions Service and Personalised Care Institute launch toolkit for health and care professionals to support rise in money-related health issues
A poll conducted by Money and Pensions Service (MaPS) and Personalised Care Institute (PCI) with 500 patient-facing health and care professionals has found that that, over the last six months, 50% have seen more patients with health issues they fear are caused or exacerbated by money worries. However, the vast majority of health and care […]
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