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Covid-19 and Debt



The Jubilee Debt Campaign has put online a webinar discussion of the current situation. Covid-19 has had a huge impact on debt both in the UK and around the world. Loss of work and economic damage mean personal debt levels increasing. Debt levels for countries in the global south have soared, but campaigners managed to win £12 billion of debt suspension.

Here in the UK, what’s happening? Wonga has collapsed. Why has the Government quietly dropped no-interest loan scheme? How will people be supported during and after the crisis?

Watch the Jubilee Debt Campaign recording of their webinar held on the 22nd of April 2020.