The recent rise in the cost-of-living has presented many of us with unexpected challenges.
New research suggests that over 12 million people are now borrowing money for food or essential bills and half of them are doing so for the first time in their lives.
The results come as the Money and Pensions Service (MaPS) launches a campaign to reach people who are struggling with cost-of-living pressures, which will run alongside the UK Government’s Help for Households.
It focuses on MaPS’ MoneyHelper service, which provides free money guidance from an expert in a range of different formats, such as online, webchat, WhatsApp and telephone.
If you’re already struggling, or worried things are heading that way, it can feel like there’s no way forward. However, the first step to solving money problems is knowing where to turn.
Visit the MoneyHelper website Free and impartial help with money, backed by the government | MoneyHelper and find out all the ways you can get help towards getting control of your money.
Here to support businesses through the cost of living crisis
We know that escalating costs are a major challenge for businesses across Wales right now. That’s why we're working with our partners to bring together - all in one place - the practical resources and support needed to adapt and navigate the rising cost of doing business.
For further information please select the following link Cost of doing business | Business Wales (gov.wales)