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The Young Foundation welcomes contributions from many sectors and standpoints - views expressed here are not necessarily held by The Young Foundation.

Ideas, as well as people, now move more freely. We have put new models, drawn from other classes and other parts of the world, before the local people, creating new aspirations and new ideas.
Michael Young and Peter Willmott.
Family and Kinship in East London, 1957

Finding a viable alternative to payday loans

Date: November 17 2014

Posted by: Victoria Boelman

 

For a large swathe of the Welsh population on low incomes, the economic recovery could be marred by an historic overhang of debt. Overall UK consumer debt trebled in value from 1993 to 2013 reaching £158 billion. This has left many in poverty facing high debt repayments and uncertainty as interest rates are set to start... Find out more