09 Jan 2017 | Posted In Money advice news

Please see a comment on today’s speech by the Prime Minister which considered measures to ‘right injustices’ around mental health and debt issues.

Caroline Rookes, CEO of the Money Advice Service comments on Prime Minister’s plans to transform mental health support:

“It is encouraging to see that the impact mental health issues can have is being recognised at the highest level. We know from our own research that mental health problems rarely occur as an isolated issue and that there is a strong link between mental health issues and money issues, such as problem debt. 52% of people who received debt advice from our services have a mental health condition and it is therefore vital that there is closer working between the mental health and debt advice sectors so that people can be supported holistically. The announced review of charges made for completing the “debt and mental health evidence form” should help to improve access to appropriate solutions for people with overlapping debt and mental health issues.

It is also important to remind people who have mental health issues and who are worried about their money issues that debt advisers are here to help and free, non-judgemental help is available across the UK. The Debt Advice Locator Tool will help you to find free advice in your area.”