Increase in number of people seeking help with budgeting
Around 54,000 people contacted the Money Advice and Budgeting Service last year, it has been revealed.
MABS, which offers a free and confidential service to people in debt or in danger of getting into debt, is forecasting another busy year ahead.
Meanwhile analysts are predicting a further increase in mortgage interest rates in the coming months as many of the recent Budget measures come into force.
