MONEY ADVICE LIAISON GROUP
Money Advice Liaison Group Logo

August 2024

Lowell report finds 46% of young gamblers have used credit to fund betting activity, double that of the UK average

30 Aug 2024 | Posted In Money advice news

A new nationwide report from Lowell, has revealed that the 25–34-year-old age bracket are 2.8 times more likely to see gambling as a quick fix to money problems than the average UK resident. This follows recent ONS data showing that people aged 25-34-year-olds were 2.2 times as likely to experience financial vulnerability, The report surveyed […]

Read More

25 banks and building societies commit to accepting new Economic Abuse Evidence Form

28 Aug 2024 | Posted In Money advice news

The Economic Abuse Evidence Form (EAEF), an information-sharing tool which provides a single mechanism through which money/debt advisors can tell organisations that an individual has experienced economic abuse and explain the impact of it on the victim, has gained the commitment of 25 banks and building societies. Those including Lloyds Banking Group, NatWest, Santander and […]

Read More

Virgin Money research reveals a third of people know someone without data or internet access

23 Aug 2024 | Posted In Money advice news

New research commissioned by Good Things Foundation supporter Virgin Money reveals almost a third of people (29%) know a friend or relative who doesn’t have access to data/the internet, which has often prevented them from completing simple tasks like registering for a service, purchasing an item, or booking travel. The research also found that one […]

Read More

Enforcement Conduct Board opens consultation on new standards

14 Aug 2024 | Posted In Money advice news

As part of the Enforcement Conduct Board’s (ECB) commitment to ensure everyone subject to enforcement action is treated fairly, it is producing a new set of standards for enforcement agents and enforcement agencies. This is so enforcement agents and people subject to enforcement action know what fair enforcement means in practice. The laws that explain […]

Read More

New research from the Money Advice Trust and Centre for Social Justice shows scale of council bailiff use

08 Aug 2024 | Posted In Money advice news

More than 2.7 million debts were referred to bailiffs by local authorities in England and Wales during the 2022/23 financial year, according to new research conducted by the Money Advice Trust, the charity that runs National Debtline, and the Centre for Social Justice think-tank. The findings, based on Freedom of Information requests to local authorities, […]

Read More