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Mortgage Payment Holiday Scheme Extended to October 31

A scheme that has seen hundreds of thousands of UK consumers granted mortgage payment holidays has been extended for a further three months.

Scotland Facing Tidal Wave of Evictions, Sturgeon Warned

Scotland could soon be facing a “tidal wave of evictions” unless action is taken to protect people whose incomes have been badly hit by the coronavirus crisis.

Families with Dependant Children Hit Hard by Virus Crisis

Almost half (49 per cent) of all families with dependant children across Scotland are struggling to make ends meet in the context of the coronavirus crisis.

Let’s Learn from Pandemic to Become Kinder Society, Say 3 in 4 Scots

Almost three in four Scots feel that society should learn from the coronavirus pandemic to become at least a little kinder.

Scottish Bankruptcy Laws Changed by Emergency Measures

New legislation passing through the Scottish parliament will see changes made to the rules around personal bankruptcy, with the aim being to provide better protections to people in financial difficult...

41% of Scots Worried About Their Incomes During Virus Crisis

More than four in ten adults across Scotland are worried about their incomes and their financial wellbeing in the context of the coronavirus crisis.

1.2 Million Struggling Homeowners Granted Mortgage Holidays

A total of 1.2 million homeowners across Britain have successfully applied for and been granted mortgage holidays by their lenders over the course of recent weeks.

Coronavirus Lockdown Could Shrink Scotland’s GDP by 25%

The coronavirus lockdown could see the overall scale of economic activity across Scotland shrink by as much as 25 per cent.

New Figures Show Scale of Debt Problems Even Before Virus Crisis

A new set of debt figures have illustrated the extent to which people across the UK were already struggling financially prior to the coronavirus crisis.

Coronavirus: Regulator Tells Banks to Give Borrowers a Break

The UK’s financial services regulator has told banks and other lenders they ought to give their customers a break from repayments if they need one as the coronavirus crisis unfolds.

Steps Taken to Ease Pressure on Indebted Scots During Virus Crisis

The Scottish government has taken a series of steps that it hopes will help to ease some of the financial pressures being felt by people with debt problems across the country.

Scottish Debt Collectors Slammed for ‘Bully Boy’ Tactics

A debt collection company has been roundly criticised for employing what have been called “bully boy” tactics by an array of debt help charities and politicians.