Consumer Standards Consultation
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Universal Credit Change January 2023
A change was made to the Universal Credit system which took effect on 30/01/2023. This was one of the few changes in the September 2022 mini-budget which wasn’t cancelled and it relates to the amount a claimant needs to earn before they are no longer expected to look for additional or better paid work. What’s […]
Talk Money Week Day 5: Tackling Food Insecurity
Talk Money Week Day 5: Tackling Food Insecurity Food poverty is a growing problem in the UK. Millions have been pushed below the breadline and have found themselves struggling to feed their families. The Trussell Trust have reported record levels of people needing support with food between April and September 2022, with 320,000 people accessing […]
Talk Money Week 2022 – Illegal Money Lending
It’s time to break the silence on illegal money lending. A report published by the Centre for Social Justice estimated that 1.08 million people could be borrowing from an illegal money lender – more commonly known as a loan shark. This figure has more than trebled since 2010. Loan sharks are criminals who lend money […]
Talk Money Week 2022 – Attendance Allowance
Talk Money Week Day 3: Attendance Allowance Attendance Allowance is a benefit that you might be able to claim if you are of pension age and need help with personal care because of illness or disability. The amount is based on the help you require, whether or not you actually get this help. There are […]
Pay your pension some attention: Getting a handle on your finances this Pension Awareness Week
Knowing exactly what’s going on with your money and understanding how pensions work can seem baffling but it is vital to get a handle on your finances. Everyone is affected by the current cost of living crisis at the moment but ignoring your pension now is storing up problems for the future. This week is […]
Help for Households
In response to increasing prices and the pressures around the cost of living, the Government has launched the ‘Help for Households campaign’ to raise awareness of the support available amongst those that need it most. The Help For Households campaign gives clear information about the exceptional payments, energy support and existing support schemes available, so […]
Loan shark warnings to desperate ‘back to school’ families
Are you feeling that ‘back to school’ fear? Many families are dreading the end of summer and having to fork out for new school uniforms, with the average costing £315 per primary school pupil and £337 per secondary pupil, according to the Children’s Society. Households that are already struggling due to the cost-of-living crisis could […]
New resources to help you cope with the rising cost of living
As the cost of living continues to soar, new resources are becoming available to help people weather the storm. The Money and Pensions Service (MaPS) has released a new resource on its Money Helper website to help people cope with increases to the cost of living. It is intended to help people who have not […]
International Credit Union Day 2021
21 October 2021 is International Credit Union Day. The theme for 2021 is “Building financial health for a brighter tomorrow”. Our Money Advice Officer, Steven, explains about Credit Unions and how they can help you. What are Credit Unions? Credit Unions are financial co-operatives which provide savings, loans and other services to their members whilst being fully […]