News

“The cruel, medieval” practice of calling in the bailiffs.”  Is how a few councils who have abandoned the practice have described the use of bailiffs. Bailiffs used for Council tax arrears – a ‘trickier’ debt to resolve. Debt charity, Money Advice Trust, are hearing about an increasing number of households finding themselves behind with their ...

At a time when families are already struggling to stay on top of bills, their food bills could rise by 10%.  The Bank of England’s governor, Mark Carney, has said a no-deal Brexit could have the knock-on effect of forcing up food prices. The Bank’s governor was giving evidence to the Treasury Committee recently. The ...

The Joseph Rowntree Foundation (JFR) say that the number of workers entering poverty is rising faster than employment. The Joseph Rowntree Foundation is a British social policy research and development charity. It funds a UK-wide research and development programme. It seeks to understand the root causes of social problems and to identify ways of overcoming ...

Back in October last year, the International Monetary Fund, (IMF) issued a warning. Using household borrowing and consumer debt to fuel growth was risking yet another financial crisis. The warning came at the same time as the Bank of England was voicing its concerns over the increase in the high levels of household borrowing. A ...

Winter has arrived and temperatures are getting colder.   It is that time when we are heating our homes and keeping our families warm.  For many households, however, that may not be an option. Households in energy arrears grow by 300,000. The number of households who already owe their energy suppliers has grown by more than ...

Housing association The Peabody Trust believes a big chunk of the 110,000 UK households that move on to the system over the next few weeks will be forced to borrow money.  Claimants have little choice to see them though until the new year. This includes 67,000 families collectively looking after an estimated 116,000 children. Who ...