Food and fuel poverty is common in inner-city Liverpool, and so is debt. In fact, the two are increasingly intertwined. The cost of living pressures faced by low-income households, coupled with welfare cuts such as the bedroom tax, mean poor families are increasingly turning to payday loans to meet the cost of basics such as groceries, rent and electricity bills.Oh noes! There'll be corpses in the streets and...
Wait. In Liverpool? Who'd notice?
"It's like the 1980s all over again," says Eileen Halligan, chief executive of Central Liverpool Credit Union.Without the mullets, I hope?
St Andrew's Community Network runs a money management service in Clubmoor, the city's sixth most-deprived ward, which has traditionally helped clients with issues such as overspending on catalogue shopping.So, even before the bad old days when the Coalition swept to power and began scorching the earth and salting the land, the people of this city had trouble managing to live within their means?
Hmmm. Maybe, is it just possible, that it's not entirely the fault of the dreaded Coalition?
Nah. That's clearly crazy talk.