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July 2024

New research from Money Advice Trust finds 6.8 million people struggling to pay for essentials, despite falling inflation

18 Jul 2024 | Posted In Money advice news

New research from the Money Advice Trust, the charity that runs National Debtline and Business Debtline, shows 6.8 million (13 percent) UK adults are struggling to pay for their essential costs, such as rent and council tax. Despite inflation falling to 2 percent, an estimated 11.4 million (21 percent) people say their financial situation is worsening. […]

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Clearscore and Fair4All Finance partner on debt consolidation proposition to boost access to affordable credit

15 Jul 2024 | Posted In Money advice news

ClearScore, the financial services marketplace, has secured £3.4m funding from Fair4All Finance to develop a unique debt consolidation loan technology and promote its use for people in financially vulnerable circumstances in the UK. The proposition from ClearScore, named ‘Clearer’, allows direct settlement of consumer debts, unlike most other debt consolidation loans, thereby eliminating the risk […]

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MALG Members invited to input into research on energy debt and debt advice funding

12 Jul 2024 | Posted In Money advice news

Following the recent announcement that Clear Consultancy Services is working on an Impact on Urban Health-funded project to explore how energy companies could address problem debt by understanding the experiences of people in arrears (read more here), Money Advice Liaison Group (MALG) Members are being invited to take part in the qualitative phase of the […]

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Money Advice Trust and Personal Finance Research Centre launch programme to explore the impact of the business financial skills gap on small business owners

02 Jul 2024 | Posted In Money advice news

Money Advice Trust has partnered with Bristol University’s Personal Finance Research Centre on a programme to explore the impact of the business financial skills gap on small business owners. With 5.5 million small firms in the UK, small businesses are a key part of the UK economy and business management skills play a crucial role […]

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