We’re excited to send you a bonus update today, to let you know that we’re launching our new campaign:
Reset The Debt.
During lockdown, millions of families in the UK have been forced to borrow money to make ends meet - with the biggest increase in debt amoungst the poorest households.
Six million people have fallen behind on rent, council tax and other household bills because of Covid-19.
Almost one in five households borrowed money to buy food or other essentials in July.
This is an urgent problem that demands a solution. So we’re proposing that the Chancellor creates a Jubilee Fund, that will provide grants to pay off and cancel unavoidable debts accrued by households during the lockdown period. We believe that a Jubilee would allow relationships to be reset, communities to be re-balanced, and people’s dignity to be restored.
We’ve partnered with Church Action on Poverty to launch our new report, and share stories of lived experience of those trapped in debt by Covid-19.