Resolution Foundation report finds that household energy debt has tripled in the last decade
A new report from Resolution Foundation finds that the number of customers falling behind on their electricity bills with no repayment plan in place has more than tripled from 300,000 in 2012 to over one million at the end of 2024, with the number of customers falling behind on their gas bill also tripling from […]
Read MoreBob’s Blog: MALG Update September 2025
Hello to all our Members and Associates, In this edition of Bob’s Blog: Conference TWO MONTHS TODAY! CEO Retirement New Board Members National Members Virtual Meeting 2 October Latest Podcast Episodes New Members Members Friday Forum Regional Meetings Latest Money Advice/Debt Sector News Conference TWO MONTHS TODAY! Theme: Evolving Together – The Changing Landscape of Debt […]
Read MoreUK Consumer Lending Payment Trends report published
A new report informed by proprietary consumer research and backed by Acquired.com on UK Consumer Lending Payment Trends has been published. The report finds that: 68% of prime borrowers had enough money in another account at the time of a missed payment, 75% of near-prime borrowers are managing two or more loans simultaneously, and One-third […]
Read MoreMoney Advice Liaison Group appoints more new Board Members
Money Advice Liaison Group (MALG), the UK membership organisation ‘working together to improve the lives of people in debt’, is pleased to announce the appointment of Muna Yassin MBE and Jason Wassell to its Board. Both highly respected and experienced industry leaders, Muna is CEO of Rooted Finance and Jason is CEO of the Consumer […]
Read MoreUK Government unveils its Small Business Plan to support SMEs with toughest crackdown on late payments in a generation
The Government says that small businesses across the UK will benefit from the most comprehensive support package in a generation, as it launches a bold new plan to give them the tools to thrive and drive economic growth as part of its Plan for Change. At the heart of the plan is a the most […]
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