Heavily indebted households need ‘help to repay’ energy arrears
Debt Justice have co-signed a letter to the Secretary of State for Energy, Grant Shapps, urging the government to set-up a dedicated ‘Help to Repay’ scheme to support people struggling…
High energy prices entrenching household debt crisis
In response to the Ofgem announcement of a new energy ‘price cap’ of £2,074, Debt Justice has warned that consistently high energy prices are entrenching the UK’s household debt crisis.
Bondholders could make $30 billion profit by refusing to cancel debts
The big finance firms that own the debts of five countries in a debt crisis are set to collectively make $20-$30 billion of profit if they refuse to cancel debt…
Ofgem green light to force fit new pre-pay meters ‘toothless’
One pre-pay meter is one too many. It’s time for politicians to write off unaffordable energy debt and end this two-tier energy system that has caused so much harm.
Lower income country debt payments to hit highest level in 25 years
Lower income country debt payments in 2023 will hit the highest level since 1998, according to figures released by Debt Justice today. External debt payments for 91 countries will average…
Pre-pay energy customers £1 billion in debt
For immediate release 01/04/23 New figures from Debt Justice reveal that pre-pay energy users are being weighed down by £965 million of energy debt as households are hit by ‘price…
Press Comment: Budget exposes government disconnect
Responding to today’s budget, Heidi Chow, Executive Director of Debt Justice said: “This budget exposes how disconnected the government is from the everyday lives of people where millions are suffering…
UK MPs call for law to make private lenders deliver debt relief
The UK Parliament’s International Development Select Committee has called for legislation to require private lenders to take part in debt relief. In a report into debt crises in lower income…
Forced installation of prepayment meters suspended
Responding to today’s announcement that Ofgem has told suppliers to suspend forced installation of prepayment meters, Joe Cox, Senior Researcher on Household Debt said: This is a significant step towards…
Obscene Shell profits should be properly taxed
Responding to today’s announcement that Shell energy has posted a record annual profit of £32.2bn, Heidi Chow, Executive Director of Debt Justice said: “These obscene profits are built on the…
