CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow MAS comment on TUC Britain in the Red report
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


MAS comment on TUC Britain in the Red report PDF Print E-mail
Tuesday, 23 August 2016
Sheila Wheeler, Director of UK Debt Advice for the Money Advice Service comments on TUC’s report: Britain in the Red report “We are concerned to see the high levels of household debt across the UK, particularly the number of people borrowing money to cover living expenses. Our latest research estimates that 8. 2 million UK adults suffer with problem debt, with younger adults, larger families and single parents noticeably at higher risk. We know that free debt advice works but currently, only one in five people with financial difficulties is seeking advice. We are calling on everyone with problem debt or money worries, no matter how large or small, to access free advice as soon as possible using the Debt Advice Locator Tool to find free, impartial advice in their area.

“We also fully support the TUC’s call to help low income families get access to debt restructuring and insolvency support. People experiencing debt need time and support to get their finances back on track without pressure from their creditors. We acknowledge the value of this Breathing Space within the UK Financial Capability Strategy. Such a scheme already exists in Scotland as part of the Debt Arrangement Scheme (DAS) which provides people with space to get adequate support in dealing with their finances. We will continue to work with HM Treasury, the Insolvency Service and organisations across the debt sector to ensure people in debt, across the UK, have the support they need."
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197