Debt Advice Foundation has funded the development of a ground-breaking initiative that aims to improve financial awareness through education. The funding has enabled Southlands High School in Lancashire to launch a Debt Education Centre, which will help pupils and the wider community get to grips with money matters.
Read MoreAs the nation awaits the outcome of the government’s emergency budget next week, a survey has indicated that people’s confidence in the UK’s economy has hit ‘rock bottom’. uSwitch, the comparison and switching website, has revealed that 45% of the people it polled are concerned about their finances, with many unwilling to commit to life […]
Read MoreWorrying research from R3, the industry body for insolvency, estimates that up to 67,000 people struggling with debts have contacted a loan shark or doorstep money lender, and even more have considered doing so. R3 President Steven Law says: “Going to this source for financial resolution will simply build up a larger store of debt […]
Read MorePopular coronation street actress Beverley Callard who plays brazen landlady Liz McDonald, has recently been sharing her story with the press as she announced her engagement. In an interview with the Mirror (opens a new window) the actress talks openly about her depression and the effect of debt on her relationship.
Read MoreWe were pleased to see fellow debt advice charities the Money Advice Trust and CCCS recognised at the recent Credit Today awards. The Money Advice Trust received an award for its CASHflow scheme designed to help consumers who are able and willing to negotiate directly with creditors. CCCS received recognition for the software used by […]
Read MoreA number of Stockport based debt advice and loan brokerage companies, run by the same group of directors, have been shut down in the High Court after an investigation in to mismanagement of the firms by the Insolvency Service. The companies, which included theloansupermarket.co.uk, Easysteploans (UK), Carter & Carter Financial and TLG Loans were wound-up […]
Read MoreNew statistics issued by the Office for National Statistics (ONS) have revealed that UK unemployment rose by a further 53,000 in the first quarter of 2010, pushing the number of unemployed to its highest level since 1994. The statistics also revealed that the unemployment rate was up 0.2% on the quarter, bucking the recent trend.
Read MoreResearch carried out by mental health charity Mind, has revealed compelling evidence that the recent global economic downturn had a serious impact on the wellbeing of British workers. According to the research, 10% of workers had visited their GP due to stress caused by the recession whilst 7% have started taking antidepressants. Staggeringly, the research […]
Read MoreWe’ve teamed-up with a trio of talented high school pupils to publish an innovative money guide for students who are planning to go to university, as part of our educational Money Diaries project. The pupils, who are from Southlands High School in Lancashire, have now created the third publication in our Money Diaries series – […]
Read MoreWith the UK preparing for its first hung parliament in over 35 years and with individual insolvencies reaching an all-time high, we’re asking whether consumer debt is high enough on the political agenda and how the Government is going to tackle the growing consumer debt crisis. Previous attempts by Government to tackle consumer debt have […]
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