Covid 19 Coronavirus

Old Council Tax Debts Should be Written Off, Says Citizens Advice Scotland

Old debts to local governments should be written off as part of an effort to support people who are in or likely to face financial difficulty in the coming months, according to Citizens Advice Scotlan...

UK Facing “Personal Debt Tsunami” Due to COVID-19

Britain is facing a “personal debt tsunami” in the coming weeks and months due to the fallout from the coronavirus crisis.

Mortgage Payment Holiday Offers Extended by 3 Months

Banks and other lenders have been told to continue offering full or partial payment holidays to mortgage borrowers who have been hit by the coronavirus crisis.

Charities Alarmed by Rising Demand for Crisis Grants

The number of people across Scotland applying for emergency crisis grants has risen sharply in recent months and concerns are being raised about how many Scots are being pushed into serious financial...

Scots Should Get Six Extra Months to Pay Back Universal Credit Loans, Says Thinktank

Scots who find themselves taking on loans as they await their first Universal Credit (UC) payments should be given six extra months to pay back those advances.

Mortgage Payment Holiday Scheme Extended to October 31

A scheme that has seen hundreds of thousands of UK consumers granted mortgage payment holidays has been extended for a further three months.

Scotland Facing Tidal Wave of Evictions, Sturgeon Warned

Scotland could soon be facing a “tidal wave of evictions” unless action is taken to protect people whose incomes have been badly hit by the coronavirus crisis.

Families with Dependant Children Hit Hard by Virus Crisis

Almost half (49 per cent) of all families with dependant children across Scotland are struggling to make ends meet in the context of the coronavirus crisis.

Let’s Learn from Pandemic to Become Kinder Society, Say 3 in 4 Scots

Almost three in four Scots feel that society should learn from the coronavirus pandemic to become at least a little kinder.

41% of Scots Worried About Their Incomes During Virus Crisis

More than four in ten adults across Scotland are worried about their incomes and their financial wellbeing in the context of the coronavirus crisis.

1.2 Million Struggling Homeowners Granted Mortgage Holidays

A total of 1.2 million homeowners across Britain have successfully applied for and been granted mortgage holidays by their lenders over the course of recent weeks.

Coronavirus Lockdown Could Shrink Scotland’s GDP by 25%

The coronavirus lockdown could see the overall scale of economic activity across Scotland shrink by as much as 25 per cent.