Money Advice Trust warns that many insolvencies are ‘avoidable’

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Money Advice Trust warns that many insolvencies are ‘avoidable’

This is a duplicate of the Blog Entry made on 4th November 2011 18:35.

Following today’s insolvency figures, The Money Advice Trust (MAT) is warning that many UK households face the prospect of insolvency unless they act...

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Re: Money Advice Trust warns that many insolvencies are ‘avoidable’

MAT comments on the Budget

Commenting on the 2012 Chancellor’s Budget, Joanna Elson OBE, Chief Executive of the Money Advice Trust (MAT), said:

“There are millions of households across the UK trying to deal with their own budget deficit. Low earnings growth and relatively high levels of inflation over the last few years mean that many families will find that their income simply doesn’t cover their outgoings. Households dealing with unemployment or a reduction in working hours will feel this squeeze even more than others.....Review more from our blog pages Linky: Money Advice Trust warns that many insolvencies are ‘avoidable’ - allaboutFORUMS