New wage rules may require debt help
04/08/2010Low-paid workers may be driven to seek debt help as a result of the new National Minimum Wage rules which are being introduced next year.
The Low Incomes Tax Reform Group (LITRG) believes that debt may be a serious consequence, despite the rules, as they will prevent low-paid workers from taking part in travel and subsistence expense schemes favoured by some firms.
The group believes that there should be a wider review on expenses so that low-paid workers aren’t driven into debt problems.
They also raise the prospect of travel costs discouraging people from working altogether, which in turn could increase debt levels for the wider population through having to fund benefits.
Debt problems – next generation
17/03/2011Parents across the UK currently dealing with debt problems may be seeking debt help regarding their ...
Debt problems - life events
21/02/2011It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...
Brits get frugal over debt problems
11/01/2011The average Brit is looking to avoid debt problems this year by making cuts to their lifestyles, in ...
Middle aged face debt problems
14/12/2010People in their middle ages could soon be facing severe debt problems as it appears many of them are ...
