Analysis by Citizens Advice Scotland (CAS) of polling by YouGov found that as a result of rising energy bills, 48% of adults in Scotland (roughly 2.2 million) have had to cut back on household spending; of them:
There has been a huge increase in demand for online advice around mortgage issues, new data from Citizens Advice Scotland (CAS) has revealed. The latest data report from the charity, covering August 2022, found a 25% increase in views of the web page “What to Do If You Can’t Pay Your Mor
Real earnings in the UK have fallen by a record 3.0%, according to the latest figures published by the Office for National Statistics (ONS). In real terms (adjusted for inflation), growth in total and regular pay fell on the year in April to June 2022 at 2.5% for total pay and 3.0% for regular pay.
Demand for financial advice has risen greatly as many struggle to meet mortgage debt payments, a charity has warned. Citizens Advice Scotland (CAS) has seen a big increase in traffic to their website pages for advice on mortgage debt. From June 2021 to June 2022 the views of the webpages 'Schemes th
The Bank of England’s Monetary Policy Committee (MPC) has announced an interest rate hike of 0.5% today in the face of rising inflation. At its meeting ending on 3 August 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.5 percentage points, to 1.75%. One member preferre
Over 600,000 adults in Scotland either entered debt during the pandemic, or saw their pre-existing debt get worse, according to analysis from Citizens Advice Scotland (CAS). Analysis by the charity of polling by YouGov found that 364,004 Scottish adults had debt before the pandemic which has gotten
Citizens Advice Scotland (CAS) is warning of a council tax debt ‘explosion’ as the impact of the pandemic makes a bad situation even worse in 2021 as clients have racked up millions in arrears. Council tax debt is currently the number one debt issue the Citizens Advice Bureau network see
Across Scotland, cash machine withdrawals between April and September fell by 52% compared to the same time last year, according to new data published by LINK - the UK's main cash machine network. From April to September, consumers took out £2.5 billion less than they did in the same peri
More than 350,000 families in Scotland have fallen behind on council tax payments during the coronavirus lockdown period. For the first six months of the financial year, local authorities in Scotland have missed out on £100 million of revenue.
Citizens Advice Scotland (CAS) has urged credit card providers to show sensitivity and flexibility towards customers in persistent debt as new rules begin to come into force this month which allow them to impose sanctions.
Amid rising concerns over the levels of problem debt in Scotland, the Scottish Government has revealed plans to create a new debt advice service. This year, Citizens Advice Scotland has issued 100,000 pieces of debt advice to people living in Scotland, whilst more than 600,000 Scots - 14.2% of the p
The Scottish Parliament’s Economy, Energy and Fair Work Committee is seeking views as part of its inquiry into Protected Trust Deeds (PTDs). Protected Trust Deeds are a type of insolvency, similar to bankruptcy, which commits the debtor to an agreed payment schedule in return for a substantial