An additional 16,000 small businesses and sole traders will be able to access debt advice services support thanks to a £4m funding boost through the UK government’s Money and Pensions Service.
The funding will go towards expanding access to expert support to help them get back on track, giving a leg up to a total of 75,000 businesses over the next three years.
Economic Secretary to the Treasury Rachel Blake said:
“From the plumber fixing your radiator to your local café, small businesses are the backbone of our economy, and we know they sometimes need a helping hand when times get tough.
“We’re building on the success of our expert debt services to help tens of thousands more get back on their feet.”
Money and Pensions…