Christmas toy appeals for families in need provide vital support during the holiday season, ensuring every child has the chance to experience the joy of opening a gift on Christmas morning. If you or someone you know is struggling this festive season, many organisations across the UK offer free toys and support for families in…
Understanding the Debt Crisis in Northern Ireland In Northern Ireland, a growing number of people rely on food banks, due to increasing poverty and financial challenges. Indeed, this trend underscores the urgent need for effective debt management. Most notably, young adults aged 18-25 are increasingly seeking food support. The Role of the Trussell Trust Jonny…
New research from the Financial Conduct Authority (FCA) has found that while many are struggling to meet financial commitments 7.4 million people were struggling to pay bills and credit repayments in January 2024, down from 10.9 million in January 2023.
According to new research by Compare the Market, the annual cost of household bills is expected to decrease by an average of £350 year-on-year starting April 2024. The analysis includes energy, water, home insurance, motor insurance, and council tax costs.
Debt Awareness Week aims to shed light on the challenges individuals encounter while dealing with various types of debt and to emphasise the importance of seeking help to manage their finances effectively.
Latest Bank of England data has highlighted that mortgage defaults and missed payments on credit cards and loans both surged at the end of the year, and are expected to keep rising.
According to a new survey from Nationwide, 84% of people expect this January to be the toughest yet financially due to Christmas spending added to debt from the cost of living crisis.
New research by Lowell has found that over a quarter (28%) more people think they will have any Christmas debt paid off by the end of February when compared to last year.