The COVID-19 Legacy: Acting Now To Defuse The Debt Time-Bomb
Phone 01453 796050 Email glos@cleanslateltd.co.uk Drop in Stroud Library (Growth Hub), Lansdown, Stroud, GL5 1BB Times Wednesdays 10am - 2pm The effects of Covid 19 have been felt most by low income households: those who are just scraping by, those who are self-employed (especially new businesses), freelance, on zero hours contracts or recently made redundant. Many are suddenly in shock at navigating and living on welfare, while dealing with all the other mental strains of lockdown and caring responsibilities. An estimated 6 million people in the UK have fallen behind with a bill during lockdown, and 4 million of those have fallen behind with rent, council tax or a telecoms bill. Those with health issues are additionally affected: people in the ‘shielded’ group are 4 times as likely to have fallen behind on a bill compared to those who aren’t at increased risk from the virus and financial problems are also ...