People with serious debt problems across the UK will soon be given protections from their creditors for a period of 60 days if they engage with professional debt advisers and seek out long-term solutions to their financial issues. Plans to that effect have been announced by the government, with relevant laws on the subject due […]
Roughly in one in six people in employment around the UK are in low-paid and insecure work, according to a new piece of research carried out by the Living Wage Foundation.
The UK government is to asses the impact that welfare policies including Universal Credit have had on people living in Scotland. The Scottish Affairs Committee in Westminster will focus specifically on how welfare reforms have been undertaken north of the border in recent years and look at how inequality differs in Scotland as compared to […]
The financial services sector’s regulator has promised to introduce a variety of rule changes that are designed to better protect consumers who find themselves in debt and facing fees in relation to their bank or building society overdrafts. The Financial Conduct Authority (FCA) has said it is aiming to radically overhaul what it considers to […]
A new grant has been launched by the Scottish government with the aim of providing some financial assistance to low-income families with school-age children. Applications are now officially being accepted for ‘School Age Payments’, which will soon start being sent to eligible parents and given out as grants of £250 per child. The new benefit […]
Energy suppliers have been told by the authors of an independent report that they should be doing more to support their most vulnerable customers. The Commission for Customers in Vulnerable Circumstances has published an in-depth report looking at what energy companies and the wider industry should be doing to help people who struggle to pay […]