Report from Resolution Foundation: An unhealthy interest? Debt distress and the consequences of raising rates
Resolution Foundation have published a report highlighting the growing problem of UK household debt. Debt Standing at nearly £1.9 trillion, UK household debt remains a big issue. It is one that has very real and very obvious relevance for those families having to meet repayment commitments. But it is one that has macroeconomic implications […]
Read MoreCitizens Advice report: Out of Luck – An exploration of the causes and impacts of problem gambling
Citizens Advice have published a research report on the life-changing effects problem gambling can have on the families, friends and work colleagues of the gambler – from increased debt to family breakdown. The research involved an online survey of around 1,500 self-selecting problem gamblers and affected others, as well as more than 30 in-depth […]
Read MoreThe Money Advice Service report: Debt advice economic benefits to society of up to £960m in the UK
Today the Money Advice Service has published The Economic Impact of Debt Advice, a report that demonstrates a financial return of up to £960m per year to the UK economy. This is in the context of an estimated £150m and £200m total annual investment in debt advice. The research, undertaken by Europe Economics, builds on […]
Read MoreThe Money Advice Service report: Young Adults and Money Management
The Money Advice Service’s report into Young Adults and Money Management: behaviours, attitudes and useful rules of thumb looks at how young adults transitioning from education into the workforce think about money, and its role in how they feel about their lives – it is viewed as an essential part of reaching their aspirations. The […]
Read MoreResearch from Institute for Fiscal Studies: Problem debt and low-income households
Research has been carried out by Institute for Fiscal Studies, funded by Joseph Rowntree Foundation and Economic and Social Research Council into the debt holdings of households in Great Britain, which have been a subject of attention and concern amongst policymakers and the general public. In particular, the heightened awareness of unsecured household debt or ‘consumer […]
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