Money and Mental Health Policy Institute publishes new research on financial wellbeing at work
New analysis by The Money and Mental Health Policy Institute, sponsored by Salary Finance, has revealed that over two thirds (67%) of employees who are struggling financially report at least one sign of poor mental health that could affect their ability to function at work. These include loss of sleep, poor concentration, and reduced motivation. […]
Read MoreStepChange Debt Charity CEO to step down
Mike O’Connor will leave MALG member StepChange Debt Charity later this year after leading the organisation as Chief Executive since 2013. As the UK’s largest debt advice charity, the number of people in contact for help each year has grown over the last five years by 62% to 600,000. The charity also tackles the causes […]
Read MoreCitizens Advice finds people in Scotland living from one pay day to the next
MALG member Citizens Advice Scotland asked people from across Scotland about their relationship with money, debt, credit, and planning for the future in a new study. The findings include: More than half of Scots (51%) say they occasionally run out of money before payday, with 15% saying they do so ‘most of the time’ or ‘always.’ […]
Read MoreR3 calls for improvements to personal finance education in schools
MALG member R3, the insolvency and restructuring trade body, has published a briefing showing that just one in ten (10%) British adults say they have received useful advice about personal finance through their school or college. The findings come from research conducted by R3 with over 2,000 adults and is based on R3’s February 2017 Personal […]
Read MoreTUC new analysis of household debt finds it will reach record high this year
The TUC has published new analysis of household debt today, which finds that unsecured debt per household will reach a record high of £13,900 this year. TUC General Secretary Frances O’Grady said: “The surge in household debt is putting the economy in the danger zone. We’ve got this problem because wages haven’t recovered. Credit cards […]
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