Latest News

Figures Show Sharp Rise in Over 55s with Credit Card Debt

People aged over 55 who have borrowed money at some stage in the past five years are becoming increasingly reliant on credit card debt.

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.

Glaswegians Spending Most in the UK on Nights Out

People living in Glasgow spend more on average on a night out than their counterparts from anywhere else in the country, according to a new set of figures.

More Energy Customers Falling into Debt

There were notable increases in the number of people falling into debt with their gas and electricity suppliers over the course of last year, the energy sector’s regulator has revealed.

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.

Waits for Universal Credit ‘Pushing People into Debt’

Long waits for the first payments made to Universal Credit claimants are leading people across Scotland into debt, stress, ill health and a reliance on foodbanks.

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.

No Deal Brexit ‘Could Cost Scotland’s Economy £14bn a Year’

The Scottish economy could be severely impacted over a period of years if the UK were to leave the EU without reaching a deal on the terms of exit.