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Government debt advice service helps 100,000 people in 2008

Government funded debt advice services have helped over 100,000 people in 2008, reveals the Department for Business, Enterprise and Regulatory Reform.

The face to face services, which include the national telephone debt advice line, have helped around 100,000 financially excluded over-indebted clients, including 8,000 homeowners struggling with mortgage arrears.

The DfBERR says calls to its hepline have increased 40 per cent since 2007, and demand for its Business Debtline has doubled comparing autumn 2008 with autumn 2007. The charity now receives approximately 23,000 calls a month compared to 16,000 during 2007.

Consumer Affairs Minister Gareth Thomas says: “It is imperative that when people are struggling with debt, they seek assistance as soon as possible. There are a wide range of organisations who provide expert advice and can really make a difference when it comes to resolving debt problems. We have made a firm commitment to support these services so they can continue to help those most in need.”


Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]


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