New research finds over a fifth of British adults believe their fear of numbers is hindering their financial wellbeing
Over a fifth (21%) of British adults believe their fear of numbers is hindering their financial wellbeing, according to a new study from National Numeracy commissioned by KPMG UK. The survey of 3,000 adults in the UK, conducted ahead of National Numeracy Day on Wednesday 22 May 2024, found that a fifth of the respondents struggled with […]
Read MoreOfcom publishes research on the importance of debt support information from telecoms providers
Ofcom, the regulator for communications services, has published research that looks at the experiences of telecoms customers and the information from their telecoms provider on debt support. The research explored whether customers had experienced telecoms debt in 2023 (i.e. having missed one or more payment to their telecoms provider between January and November) and where […]
Read MoreReshaping the role of the energy sector: Solving problem debt research project launched
Impact on Urban Health is working with Clear Consultancy Services to explore how energy companies could address problem debt by understanding the experiences of people in arrears. The work will also look at how debt advice services are being affected by the increased need for them. Clear Consultancy Services will assess the energy sectors’ contributions […]
Read MoreEquifax publishes 2024 Financial Health Report
In its inaugural Financial Health Report in 2023, Equifax, in collaboration with TDX Group, the Centre of Social Justice (CSJ), Policy in Practice, and the Vulnerability Registration Service (VRS), provided a comprehensive overview of the nation’s financial well‑being. Its 2024 Report, entitled ‘Making ends meet: who is paying the price?’, delves deeper into the aftermath […]
Read MoreFabian Society publishes strategy to tackle poverty before State Pension age
Left-leaning think tank Fabian Society has published a new report entitled ‘When I’m 64’ outlining a strategy for tackling poverty before State Pension age. It says that, while people usually associate the years before state pension age with affluence and not poverty, the UK is facing a hidden poverty crisis among 60 to 65-year-olds with […]
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