More help for household budgets needed as part of ‘economic emergency’ support

The Money Advice Trust, the charity that runs National Debtline and Business Debtline has responded to the Spending Review, calling for urgent action to address the household budget emergency facing millions.

Joanna Elson OBE, chief executive of the Money Advice Trust, the charity that runs National Debtline and Business Debtline, said: “The Chancellor today spoke of the ‘economic emergency’ facing the country – but millions of people are facing their own economic emergency in the coming months, as they struggle to meet day-to-day bills.

“Today’s announcement of additional support to help households that are least able to afford council tax is welcome and will go some way to support those most in need. With unemployment continuing to rise, however, we hope this will be joined by much more support – including extending the extra £20 a week increase in Universal Credit well beyond April.”