Financial Strength for action • Universal number one FSM – equal to earning doing an ? step 1, eight hundred a year • Place of work – 22, 100 citizens towards efforts since the 2007 • Red Doorway Ventures – strengthening over 3000 house, one third reasonable

Lifestyle to the a low income Commissioned new LSE to address interviews having owners toward revenue of up to ? 30, 000. Around three head people of personal debt: Brief, part-some time informal perform without formal agreements – fluctuating revenue The cost of traditions – lease, energy, dining Juggling contending need towards the diminishing info – almost all say the profit are receiving even worse due to the fact costs are ascending and you can revenues is actually falling

• Half of citizens secure below the latest LLW • Nearly one 5th secure lower than new NMW • New cousin poverty rate from inside the Newham is 41 percent, more twice as much federal • One out of five homes on the borough is actually arrears having at least one expenses

Money. Works: strengthening financial strength – – – – Affordable and you will ethical alternative to a quick payday loan Use of significantly more renewable borrowing products Top quality guidance promote Notice free funds for starters-from lifetime transform Newham People and you will Drama Assistance Hire purchase offer Times switching Debt consolidation • A location in which customers may come and then have the support they you desire

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