TweetShareCalls to the National Minimum Wage (NMW) helpline were found to have increased by ten per cent in a year, leading to £3,291,516 in unpaid wages being recovered for 25,314 workers. Employment minister Jim Fitzpatrick said: “The national minimum wage protects our most vulnerable and low-paid workers from the most unscrupulous employers. “In this year [...]
Archive for November, 2006
Unscrupulous employers pushing people into debt
by News Team on November 22nd, 2006
Store card debt risk of the young
by News Team on November 22nd, 2006
TweetShareBecky Wilks, a spokeswoman for National Debtline, said that young people are more likely to need debt help than older people as fewer younger people read the small print on store cards. “The music is on, you’re buying clothes and if you buy today you get ten per cent off,” Ms Wills said. “Younger people [...]
Politicians ‘can do more to tackle debt’
by News Team on November 22nd, 2006
TweetShareTeresa Perchard, director of policy at Citizens Advice, welcomed the announcement by the shadow chancellor, George Osborne, to meet debt advice firms to discuss what the party can do to help those who owe money. She told BBC Radio Five Live’s Wake Up To Money programme that all political parties should work together with the [...]
Calls for more funding for credit unions accounts
by News Team on November 21st, 2006
TweetShareCommenting on the government’s report on financial inclusion, Abcul CEO Mark Lyonette said that the creation of more credit union accounts would enable more people to have better debt management plans. He said: “More credit unions would be able to provide the account to their members if they had funding to help them with the [...]
Tories vow to tackle debt
by News Team on November 21st, 2006
TweetShareAccording to the shadow chancellor, George Osborne, store cards are to have a week-long cooling off period, while students will get debt management lessons. “It is increasingly clear Gordon Brown has not done enough. Insolvencies are up, bankruptciesare up and the numbers of people struggling to cope are up,” Mr Osborne stated, according to the [...]
Government ‘can do more’ to tackle loan sharks
by News Team on November 21st, 2006
TweetShareDebt counsellor Malcolm Hurlston told Sky News that the success of an anti-loan shark scheme in Birmingham meant that it ought to be expanded. “It is true that the poor pay more for everything and therefore it is important to try to find measures that make it easier for them,” Mr Hurlston said. “As far [...]
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