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”

County Court Judgements released revealing a large and unexpected rise

This week, it was reported that County Court Judgements (CCJs) have risen dramatically – which leaves many vulnerable people at risk of being chased for debts. This all comes as the UK Government prepares to lift several of the protections put in place on people struggling with debt, including a ban on repossessions. A CCJContinue reading “County Court Judgements released revealing a large and unexpected rise”

Hidden consequences of the evictions ban

Last week the Government announced that the ban on evictions in England and Wales would be extended to 21st February. This was a necessary step to ensure that no one loses their home in the midst of a public health crisis. However, amidst this welcome announcement is hidden the disappointing detail that the Government haveContinue reading “Hidden consequences of the evictions ban”