Money Advice Liaison Group Logo

June 2020

StepChange publishes Coronavirus and personal debt financial recovery strategy for households

11 Jun 2020 | Posted In Money advice news

StepChange Debt Charity has published a new report ‘Coronavirus and personal debt: a financial recovery strategy for households’. The briefing draws on national polling to understand how household finances have been affected by the coronavirus outbreak: Since the start of the crisis in March 2020, some 14 million people have experienced a negative effect on […]

Read More

Money and Pensions Service secures extra £38 million for debt support in England in the wake of Coronavirus

09 Jun 2020 | Posted In Money advice news

An additional £37.8 million to fund the provision of debt advice and other support for people suffering money difficulties in the wake of the coronavirus outbreak has been secured by the Money and Pensions Service (MaPS). Early analysis by MaPS predicts the number of people needing help with debt will climb for at least the […]

Read More

Experian survey: Six in ten Brits have increased their financial awareness during lockdown

05 Jun 2020 | Posted In Money advice news

Six in ten (61%) Brits have become more aware of their finances since the start of the Coronavirus pandemic, rising to 71% among those on furlough, according to new research released today from Experian. Over a third (35%) of Brits say their financial knowledge has improved during lockdown, with 30% actively researching financial advice or […]

Read More

CIVEA publishes post-lockdown support plan for enforcement sector

03 Jun 2020 | Posted In Money advice news

The Civil Enforcement Association (CIVEA) has been in close contact with the government throughout the COVID-19 crisis. The Ministry of Justice was appreciative of its guidance to members and its proactive response to the lockdown. There is not yet a date for enforcement activity to resume or when the Taking Control of Goods amending regulations […]

Read More