Post by nickd on Feb 1, 2011 8:17:43 GMT 1
This morning, BBC Breakfast television announced how Citizens Advice Bureau face closure due to funding cuts. Concern was expressed over how advice for those in financial difficulty is in danger of ending up in the hands of profit making debt management firms.
The Treasury's response to the cuts was that it wanted to concentrate on prevention rather than cure. What good is the promotion of financial literacy to those already in debt? Surely Government realise that a major factor in the financial meltdown is the amount of debt which people are already in - they are beyond prevention - they need a cure.
www.bbc.co.uk/news/business-12330429
The Treasury's response to the cuts was that it wanted to concentrate on prevention rather than cure. What good is the promotion of financial literacy to those already in debt? Surely Government realise that a major factor in the financial meltdown is the amount of debt which people are already in - they are beyond prevention - they need a cure.
www.bbc.co.uk/news/business-12330429