Bishop of St Albans asks about debt advisory services

The Bishop of St Albans received the following written answer on 14th May 2025:

The Lord Bishop of St Albans asked His Majesty’s Government,

  • following the publication of polling data on 11 April by Christians Against Poverty, Employment and financial difficulty, what assessment they have made of the levels of problem debt among full-time workers, and what measures they are taking to support full-time workers who are in financial difficulty
  • following the publication of polling data on 11 April by Christians Against Poverty, In-person debt advice, what plans they have to address the scale of problem debt.
  • following the publication of polling data on 11 April by Christians Against Poverty, In-person debt advice, what steps they are taking to expand access to and fund free debt advice services authorised by the Financial Conduct Authority.

Lord Livermore (Lab, Treasury): The Government regularly engages with the Bank of England, the Financial Conduct Authority (FCA) and the Money and Pensions Service (MaPS) to monitor personal finances and debt levels. The Money and Pensions Service conducts an annual survey of people in financial difficulty. The results of their latest survey were published on 29 February 2024.

To support those in debt to manage their finances, the Government funds national and community-based debt advice services, through the Money and Pensions Service, for hundreds of thousands of individuals and families in need across England. The Government also provides funding for debt advice in Scotland, Wales, and Northern Ireland. As debt advice is a devolved matter, responsibility for delivering these services rests with those devolved governments.

Funding levels for both the Money and Pensions Service and the devolved governments are regularly reviewed to reflect demand, inflation, and evolving needs.

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