Media coverage
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Media coverage
Title More escape debt for free as bills keep mounting Degree of recognition International Media name/outlet BBC News online Media type Web Duration/Length/Size 836 words Country/Territory United Kingdom Date 22/10/24 Description New research for the Financial Inclusion Commission (FIC) carried out by Birmingham University suggests that one in five adults have increased their borrowing to cover higher living costs, while one in six families have no savings.
The FIC has called for what it describes as a National Inclusion Strategy to help people struggling with debts, and to give people support to access basics like a current account.
Meanwhile, debt advice service Money Wellness has warned that it was becoming increasingly easy to fall into the red.Producer/Author Colletta Smith & Abi Smitton
Keywords
- financial inclusion
- financial exclusion