MoneySavingExpert Martin Lewis calls on Government to put greater resources into financial education
MoneySavingExpert Martin Lewis provided oral evidence as a witness to the education committee on 5 March 2024 and called for the Government to address the ‘real poverty’ of financial education in the UK. He said: “The amount of resources the government has put into funding financial education has been flaccid and to a detrimental level. […]
Read MoreChristians Against Poverty publishes its latest research: Pushed under, pushed out
Christians Against Poverty has launched its latest research in partnership with the Centre for Research in Social Policy at Loughborough University. ‘Pushed under, pushed out’ explores the link between debt, poverty and living standards. The report uses the Minimum Income Standard (MIS) as a benchmark. According to the latest YouGov polling, 29% of UK adults […]
Read MoreFirst ever Government Debt Fairness Charter published
HM Treasury has published the first ever Government Debt Fairness Charter for people who owe personal debt to central government. It outlines how people repaying these debts should be treated, as well as some additional actions that people may need to take to help this process. This includes taking action to understand an individual’s situation, […]
Read MoreSpring Budget 2024: Changes to rules for Debt Relief Orders (DROs)
In this week’s Spring Budget, it was announced that the government is removing the £90 administration fee for Debt Relief Orders (DROs) from 6 April 2024, and raising the maximum debt value threshold from £30,000 to £50,000 and increasing the maximum value of motor vehicle that an individual can retain from £2,000 to £4,000 from […]
Read MoreBob’s Blog: MALG Update March 2024
Hello to all our Members and Associates! It’s been a busy start to 2024 and as always we have a lot to update you on… MALG Conference heads to Leeds for 2024! For those who’ve not yet heard the news, we’re pleased to announce that we have found the perfect venue for this […]
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