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Plan for jobs must be matched by a plan for tackling household debt

8 July 2020

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s summer statement, with measures to support jobs in the wake of the Coronavirus outbreak.


Joanna Elson OBE, chief executive of the Money Advice Trust, the charity that runs National Debtline and Business Debtline, said:

“The Chancellor’s plan for jobs will come as a relief to millions of people who are facing extreme economic uncertainty – and we welcome these new measures to support employment in the wake of Coronavirus.

“We now need to see a similarly ambitious plan for tackling household debt which, like unemployment, risks becoming a lasting legacy of this crisis.

“Debt problems are likely to increase in the coming months as temporary relief measures come to an end – and the next key date for many households will be the end of the government’s bans on bailiff visits and evictions on 23rd August.  This is just weeks away.  The government needs to take action now to protect renters and reform the way council tax arrears are collected, in particular, to prevent pushing people into further difficulty.”

 
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