Cost of Living

1 in 3 Expecting to Borrow to Pay for Christmas

Almost one in three people living across Britain will rely on some form of borrowing to cover the costs of Christmas.

Volunteers Getting Food At The Food Bank

Food Banks Giving Out More Emergency Parcels Than Ever

The country’s leading food bank charity has said that it handed out more food parcels than ever before between April and the end of September this year.

Foodbank Users ‘Living on £50 Per Week on Average’

Users of foodbanks across the UK are living on an average income of £50 per week once their rent has been paid, according to a new study.

Campaigners Call for Budget Boost to Scottish Welfare Fund

Campaign groups are calling for there to be an increase to amounts of money being distributed via the Scottish Welfare Fund after it was revealed that more and more people are applying for its emergen...

Third of Scots ‘Don’t Save Any Money Each Month’

Slightly over a third (34 per cent) of all adults living in Scotland don’t set any money aside as savings on a regular basis, according to a new piece of research.

Universal Credit Claimants Entitled to Extra £25 a Week During Cold Snaps

Claimants of Universal Credit are entitled to receive an extra £25 per week to cover their costs when the weather gets particularly cold.

More Than a Million Scots ‘Living in Poverty’

Just over a million people in Scotland are living in poverty, according to the findings of a new in-depth report on the issue.

Charity Links Universal Credit Rollouts to Rising Demand for Foodbanks

There is a pronounced correlation between the rollout of the Universal Credit benefits system and rising demand for foodbanks in specific areas of the country.

Fund Launched to Help Scots Cover Funeral Costs

A new fund has been launched with the aim of providing financial support to Scots who live on low incomes and struggle to cover the costs of funerals for their loved ones.

Money Worries Damaging Mental Health among Students

Concerns about money are hugely widespread among students across the UK and for a significant proportion those issues are having a negative impact on mental wellbeing.

1 in 4 Working Scots ‘Struggling for Money’

As many as one in four of all employed people living in Scotland find themselves struggling for money and to cover their monthly outgoings.

Man And Woman Having A Meeting With Finanical Advisor

Money Advice Service Helping Low-income Scots Save Millions

A financial advisory service supported by the Scottish government has helped thousands of people around the country manage their money more effectively and save a collective total of some £6 million.