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Debt advice gets Tower Hamlets council’s seal of approval

PUBLISHED: 18:18 28 May 2013

A debt and money advice project introduced by Opposition councillors in London’s deprived East End is meeting all its targets, according to the local authority.

Funding for the project was allocated by Labour councillors as part of last year’s Budget negotiations at Tower Hamlets, after fears that independent Mayor Lutfur Rahman wasn’t doing enough to protect families from government cuts.

The Labour group’s spokesman for Resources, Carlo Gibbs, said: “We know the strain families are under because of the economic downturn and the failed attempts to stimulate growth.

“So it’s important that the council helps families to understand their options with an advice service such as this.”

The service is providing specialist debt advice for 100 East End families living on the poverty line and money management advice for another 50, in the face of the Mayor’s controversial decision earlier this year to cut the budgets of advice centres.

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