Perry Hall Methodist

Reset The Debt

Reset The Debt

14 Oct 2020 • Recent events

During lockdown, millions of families in the UK have been forced to borrow money to make ends meet - with the biggest increase in debt amoungst the poorest households.

Six millionpeople have fallen behind on rent, council tax and other household bills because of Covid-19.

Almost one in fivehouseholds borrowed money to buy food or other essentials in July.

This is an urgent problem that demands a solution. So we're proposing that the Chancellor creates a Jubilee Fund, that will provide grants to pay off and cancel unavoidable debts accrued by households during the lockdown period. 

We believe that a Jubilee would allow relationships to be reset, communities to be re-balanced, and people’s dignity to be restored.

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