SCOTLAND is facing a debt crisis as cash-strapped households suffer a steep decline in real-terms incomes, analysis warns.
’s Social Justice and Social Security Committee, says sharp rises in energy and food bills are causing hardship across the country.
The report also highlights a growing pressure being put on debt and money advisers, with many services reportedly being “stretched to breaking point”, leading to long waiting times for appointments. “We have heard startling testimony about how increasing numbers of people, who have even less money due to the rising cost of living, are being pushed into debt.
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