“No-one should lose their home as a result of the coronavirus epidemic”

On Thursday (23rd September) the BBC reported the story of a couple facing eviction after falling into debt and rent arrears as a result of the covid pandemic. Now that the ban on evictions has ended, Marshall and Joanne – who fell through the net of support during the pandemic – have been served withContinue reading ““No-one should lose their home as a result of the coronavirus epidemic””

Wave of debt and uncertainty set to hit Universal Credit claimants after planned cut

Data released this week by Citizens Advice paints a distressing picture for levels of household debt in the UK if the proposed cut to Universal Credit goes ahead at the end of September. Universal Credit has been uprated by £20 per week during the pandemic, to help families relying on the benefit make ends meet.Continue reading “Wave of debt and uncertainty set to hit Universal Credit claimants after planned cut”

New Centre for Cities report shows unequal post-pandemic savings and debt in cities across the UK

A report published last week by the Centre for Cities demonstrates widening inequalities between richer and poorer areas of the UK. Many in less affluent areas, especially in the North and the Midlands, are facing a disproportionately large debt burden, meaning bounce-back from the pandemic will be uneven. The report, An Uneven Recovery, highlights theContinue reading “New Centre for Cities report shows unequal post-pandemic savings and debt in cities across the UK”

Trussell Trust figures reveal a record number turning to foodbanks during the pandemic

A report published last week by the Trussell Trust reveals a record 2.5 million food parcels were distributed by their network of food banks in the past year. The figure represents a 33% increase on the previous year, including a disproportionately large increase in the number of parcels distributed to children. Compared to this timeContinue reading “Trussell Trust figures reveal a record number turning to foodbanks during the pandemic”

Housing, Communities and Local Government Committee report calls for action on rent debts

A report published today by the Housing, Communities and Local Government Committee calls for support for renters in the private sector who are in arrears, including a recommendation for funding for some rent debt write-off. It is welcome that the recommendations from the committee recognise the scale of the challenge brought on by Covid-19 forContinue reading “Housing, Communities and Local Government Committee report calls for action on rent debts”

Amendment to the Financial Services Bill (2019-21)

This week, an amendment to the Financial Services Bill (2019-21) will be put to the House of Lords, aiming to ensure a ‘fair debt write-down’ of debts sold on the secondary debt market. This is a positive move towards a debt system which is more just and fair. But what does it actually mean? Let’sContinue reading “Amendment to the Financial Services Bill (2019-21)”

Resolution Foundation reports that over 1/3 of Universal Credit claimants have seen debts mount during lockdown

A report published by the thinktank Resolution Foundation earlier this week suggests some concerning figures on the UK’s household debt crisis. The report suggests that more than three in ten people who began claiming Universal Credit during the pandemic have either acquired new debts or seen their existing debts grow in the past year. ThisContinue reading “Resolution Foundation reports that over 1/3 of Universal Credit claimants have seen debts mount during lockdown”