At MoneyPlus Advice, our mission is to provide trusted financial guidance and solutions that empower individuals and families to manage their debt and regain control of their financial well-being. We actively collaborate with media outlets to share expert insights and keep the public informed about key financial issues.
Media coverage
MoneyPlus Advice has been featured in numerous respected publications, where our expertise in debt management is regularly highlighted. Below are some examples of our recent media appearances, showcasing our ongoing commitment to helping individuals and families take charge of their financial futures:
Daily Mirror – 12th May 2024: Three simple steps to overcome debt and save £1,000 in 3 months
Last year, Citizens Advice revealed that one in four people in the UK are currently behind on at least one bill with the most common arrears being council tax and energy. Chris Davis, CEO of leading debt advice organisation MoneyPlus, said these bills including water are regarded as “priority debts” and can lead to significant repercussions if they are not paid.
To help you understand these repercussions, Chris explains what could happen if you do not pay these bills – including what you can do if you are struggling to pay.
Financial difficulties often leave many of us feeling overwhelmed and hesitant to seek help due to lots of confusing information. But dealing with debt doesn’t have to be scary. Getting the right support can ease your money concerns and stress, helping you find a debt solution that fits your situation.
Experts at leading debt management business MoneyPlus clear up some common debt myths so you have the right information to guide you.
London Daily News – 31st January 2024: Unveiling truths to tackle financial fears
The Sun – 13th July 2024: We were being hounded by debt collectors for £4,000 – then we found life-changing help and now we’re debt-free
“We had support from MoneyPlus over a period of six to seven months and they’ve been absolutely fantastic, they helped us to apply for a Debt Relief Order and to become debt free,” Martin said.
Martin now thinks there should be more limits and much better guidelines in place to stop individuals and households from getting into problem debt.
He believes every company in the debt ecosystem should have its own code of practice and follow strict guidelines on debt issues.
Chris Davis, group CEO of Manchester-based MoneyPlus, said Government support should be targeted at those who are most vulnerable and facing problem debts. That could include incentives for lenders to partner with debt advice providers. He said: “We’re seeing energy prices fall but there are large swathes of people who, whilst appreciative of the reduction in costs, are still facing daily challenges to simply make ends meet.”
Business Live – 6th March 2024: Giving businesses confidence to grow: North West business leaders share their Budget wish lists
The Independent – 15th February 2024: From mortgages to childcare: What does the recession actually mean for you?
Chris Davis, CEO of MoneyPlus Group, adds: “We know from our own data people are having to make their money stretch much further than before, and it’s putting pressures on households. This recession is expected to be shallow, but it’s no secret we are in a cost of living crisis with inflation at 4%, household costs are continuing to rise.”
More than 45,000 people approached Citizens Advice for energy debt in the first six months of this year, up around 6,000 people on the same period last year. The average level of energy debt in this group is now over £1,700, the highest level on record. Commercial debt organisations are also seeing an increase in clients. In the past year, MoneyPlus have seen a 126% increase in the number of consumers seeking debt help.
The Big Issue – 8th August 2024: ‘Breaking Point’: Debt charities and ethical lenders fight to save families from loan sharks
Newcastle Chronicle – 12th May 2024: Debt advisor explains what happens if you don’t pay your household bills and how to get help
Last year, Citizens Advice revealed that one in four people in the UK are currently behind on at least one bill, with the most common arrears being council tax and energy. Chris Davis, CEO of leading debt advice organisation MoneyPlus, said these bills, including water, are regarded as “priority debts” and can lead to significant repercussions if they are not paid.
Press releases
Stay updated on the latest developments at MoneyPlus, from industry-leading initiatives to key company announcements:
MoneyPlus CEO Chris Davis, says: “While we’re proud of the training that we already provide for our staff, we are intent on delivering the highest standards of advice to the ever growing number of customers that we are advising as a result of the ongoing cost of living crisis.
“We believe that our significant investment into training underlines our commitment to provide the best advice in the sector and we hope that by introducing this new mandatory qualification within our business, that we will inspire others to follow.”
Today’s Wills and Probate – 14th August 2024: Trailblazing debt management qualification launched by MoneyPlus and NTI Insolvency Training
EMCUK – 13th August 2024: New qualification aims to elevate standards in the debt management sector
A ground-breaking qualification aimed at enhancing customer service and staff retention in the debt management sector has been launched by consumer debt advice organisation MoneyPlus in partnership with NTI Insolvency Training. The new Professional Insolvency Practitioner (PIP) qualification is set to raise industry standards and address growing concerns about the quality and stability of debt advice services across the UK.
MoneyPlus has repeatedly spoken to the FCA about increased regulation in the debt advice sector, such that only firms who can advise on all solutions available, are the firms that can advise each and every consumer seeking debt advice. In essence, a consumer should only speak to a firm that can provide Whole of Market advice. The present system allows adverts and promotions to be placed by firms that provide only one solution, which creates an inherent conflict.
The Business Desk – 11th December 2023: The MoneyPlus Story: At the sharp end of the cost-of-living crisis
Prolific North – 19th September 2023: Duo of senior hires at MoneyPlus Group
Manchester’s MoneyPlus Group, the parent company behind MoneyPlus Advice, one of the UK’s largest and most trusted digital providers of regulated debt advice, has appointed Michael Shaw to the position of Chairman of the group, and Deen Khan to the position Head of Business Performance.