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March 2023

Bob’s Blog: MALG Pre-Easter update

29 Mar 2023 | Posted In Bob's Blog (MALG updates)

Ramadan Mubarak and Happy Easter to all our Members and contacts! We have a great deal to update you on before the long Bank Holiday weekend next week. But first, a quick reminder: Please ensure that you register for all Regional and National MALG Meetings (both virtual or face-to-face) in order to receive full joining instructions and please […]

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Enforcement Conduct Board opens consultation on its Business Plan for 2023/24

27 Mar 2023 | Posted In Money advice news

The Enforcement Conduct Board (ECB), which was set up in 2022 to ensure that all those who are subject to enforcement action in England and Wales are fairly treated, has opened a consultation on its Business Plan for 2023/24. The consultation welcomes feedback from industry, consumer groups, those who have experience with enforcement themselves, the […]

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#DebtAwarenessWeek 2023: One in six people has £20 or less to live on after paying for essentials each month

21 Mar 2023 | Posted In Money advice news

New YouGov polling by StepChange Debt Charity for Debt Awareness Week reveals the dire state of household finances over a year into the cost of living crisis, with people imminently facing higher council tax, less support with energy bills and increased rent or mortgage payments. The representative survey examines the toll that the cost of living crisis has had […]

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Citizens Advice publishes report on IVA adverts promoting unsuitable debt solutions

13 Mar 2023 | Posted In Money advice news

According to a new report from Citizens Advice, people in deep financial trouble are being misled by profit-making firms into unsuitable debt solutions which are often leaving them worse off. With the cost-of-living crisis pushing more people into debt, Citizens Advice has found worrying numbers of people in Individual Voluntary Arrangements (IVAs) unable to keep […]

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StepChange sees “startling” rise in demand for debt advice

08 Mar 2023 | Posted In Money advice news

More than 18,000 new StepChange Debt Charity clients completed full debt advice in January 2023, which is at least 22% higher than any single month in 2022, suggesting that more and more people are struggling with debt in the new year following almost 12 months of rising living costs. Meanwhile the Bank of England’s Money and Credit […]

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