Connect with us
Advertisement
Advertisement

News

Welsh families risk ‘nasty hangover’ of Christmas debt

Published

on

screen-shot-2017-01-05-at-16-32-58MORE than four in 10 families in Wales (43%) plan to borrow money to cover the costs of Christmas this year, a survey by The Children’s Society has revealed.

The survey, which also found that – in England and Wales – one in 10 families borrowed over £500 for last year’s festivities, raises concerns about the number of families with children who may find themselves at risk of falling into a debt trap by New Year’s Day.

The costs of Christmas presents, food, drink, decorations, travel and other related activities see families spending an average of £700, according to the Opinium survey of 2,000 adults.

On average, parents spend £340 on presents alone, with one in five spending over £500 on gifts. To fund all these costs, almost on e in five (17%) will borrow on their credit cards this Christmas.

The challenges are even more sobering for families who have already found themselves in problem debt this year – more than half of them (54%) are planning to borrow more to cover the cost of Christmas, with almost a quarter counting on their credit card.

For families who are struggling, borrowing can have a number of unintended consequences. In the worst cases, where credit repayments take up a larger proportion of income, parents can find themselves in a debt trap from which it can be hard to escape.

The risk is that parents with children may find themselves cutting back on essentials to meet debt repayments. The survey shows that over half of families in problem debt in the last year cut down on their heating in the weeks after Christmas in an attempt to rebalance their finances after the festive period.

Problem debt can damage children’s physical and mental health. In September, The Children’s Society revealed that children in living in families with problem debt are five times more likely to have low well-being than those that are not.

Matthew Reed, Chief Executive at The Children’s Society, said: “All parents – particularly those who are struggling – need to be aware how difficult it can be to shake off Christmas debt. No-one wants children to miss out on the fun and excitement of Christmas, but neither would anyone wish parents to wake up on New Year’s Day with a nasty hangover of debt.

“We know the damage problem debt can cause to children, who often pay the price with their mental and physical health, and that’s why we’re calling on government to give families the time and space they need to get their finances back on track.”

The Children’s Society, as part of its Debt Trap campaign, is calling for better support for families with children who fall behind on bills and repayments. It is urging the government to introduce a 12-month ‘breathing space’ scheme to give struggling parents a period of protection to put their finances in order and get back on their feet.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

New Quay RNLI in top ten for fundraising in the UK & Ireland

Published

on

Last week, as the RNLI’s Mayday Mile campaign came to an end, the New Quay RNLI team had earned the honour of being in the top ten for fundraising throughout the UK & Ireland. The team raised over £3,000 during the month of May, with local schools, individuals and the RNLI crew taking part. 

Both Ysgol Ceinewydd and Ysgol T Llew Jones pupils took on the challenge, taking to the school field to complete their Mayday Mile and then learning about water safety back in the classroom. 

Mr Lee Burrows, Deputy Headteacher of Ysgol T Llew Jones, said, “We wanted to take part in the RNLI Mayday Mile campaign as we wanted to raise awareness of the dangers in and around the water before the summer months. It’s really important for our pupils to remember water safety messages as we live by the sea. 

“We were able to use the RNLI water safety resources which are online and the children had great fun making water safety posters.”  

A local boy, Steffan Williams, aged 12, was another participant who raised over £2,200 by paddle boarding 10 miles in one day and is fourth on the individuals’ leaderboard for the whole of the UK and Ireland. 

New Quay lifeboat crew also took part, with crew members running and walking across Traeth Gwyn in full RNLI kit. It was tough going but they covered a total of 20 miles. Crew member Peter Yates took the challenge one step further, walking a total of 68 miles during the month of May.  

Pete said, “Having been on the crew for 14 years and having been taught so much and been given such great opportunities, I wanted to do my bit and give something back. I’d like to thank everyone who has supported me and the rest of the team.” 

Roger Couch, New Quay RNLI Operations Manager added, “We would like to thank everyone for their kind donations and also those who have taken part in the fundraising activities. The Mayday Mile campaign has been a great success and it’s great to see the community pulling together to raise much needed funds for the RNLI. With more people expected to be holidaying close to home this year, the RNLI predicts a summer like no other.” 

Continue Reading

News

New Quay RNLI rescues three persons blown out to sea

Published

on

ON THURSDAY afternoon (Jun 10) at 3pm New Quay RNLI’s inshore lifeboat launched on service to rescue three persons being blown out to sea on inflatable rings off Traeth Gwyn beach. 

In a strong offshore wind, the crew at New Quay Lifeboat Station had spotted three persons on inflatable rings in difficulty.   

Pete Yates, New Quay RNLI’s helm said, “We spotted the group about a quarter mile out from the beach so we observed them for a while. Initially they abandoned one of the rings and were making good speed back to the beach. All seemed okay, but then the group of three, each in a rubber ring started to slow, with one adult beginning to attempt a swim tow with the other two.  

“At that point I could tell they were in real danger so I went to prepare the inshore lifeboat. Once kitted up we launched and quickly arrived on scene. One person had made it ashore but the adult was still towing a young person who was quite shivery and cold. We got them both aboard and took them back to the beach to their family. I’d say they were a little shaken up and it was a very good decision to observe them and then launch, so a good outcome!” 

Roger Couch, New Quay RNLI’s Lifeboat Operations Manager added, “Many of the emergencies the RNLI responds to involve inflatables and that is a key reason why the RNLI strongly advises against taking them to the beach. Inflatables are not designed for open water and it takes very little breeze for them to be swept out to sea much quicker than you can swim or paddle back to the beach.  

“Remember if you get into danger in the water, relax and float to give yourself time to recover before swimming to safety or calling for help. If you see someone else in danger, please call 999 and ask for the Coastguard.” 

Continue Reading

News

Surprise interview with football superstar on Euros’ eve

Published

on

ON Thursday morning 10 June, pupils from Ysgol Gynradd Penrhyn-coch and Ysgol Gyfun Penweddig received an unexpected Zoom call all the way from Baku, capital city of Azerbaijan. The call was made from Ben Davies, Welsh professional footballer, who is currently located at a camp with the rest of the Welsh national football team in Baku, ahead of their Euro 2020 opener game against Switzerland on Saturday.

After the initial shock of seeing the live image of Ben appear on the screen in front of them, Pupils from Year 3 to Year 6 of Ysgol Penrhyn-coch and Year 7 puplis of Ysgol Penweddig were given the opportunity to interview Ben. The interview, which was organised as part of the Ceredigion Welsh Language Charter, was conducted through the medium of Welsh.

It was clear from the big grins that all the pupils enjoyed this special experience considerably and one that will be well remembered. The passion from the children was an indicator of the strong support there is for Ben and the rest of the Welsh team in Ceredigion.

Puplis wearing red from Ysgol Gynradd Penrhyn-coch, after interviewing Ben Davies.

None of the pupils knew about the interview beforehand. The only clue given by the schools that something was happening was that pupils were all told to wear red to school on Thursday.

Liwsi Curley, a pupil of Ysgol Penrhyn-coch said: “I’m in shock to see one of my heroes live on zoom! It’s been a special experience and one of the happiest experiences of my life. Thank you very much Ben Davies. Go for it Wales!” 

Ben answered many of the puplis questions. Twm Aron Williams and Caio Brychan, puplis of Ysgol Penrhyncoch, who are big fans of Ben were two of those lucky pupils. Caio asked Ben: “If you could choose a five-a-side football fantasy team who would be in it?” After answering, Ben asked the same question back to Caio, who answered immediately with: “You and then Bale, Ramsey, Moore and Henesey!”

Dr Rhodri Thomas, Headteacher of Ysgol Penweddig said: It was pleasing to see the response of year 7 pupils to the session with Ben Davies today. The pupils appreciated the opportunity to find out more about the experience of representing your country and the importance of practising, hard work and following advice from others in order to succeed. Year 7 pupils are excited now and look forward to supporting Wales in the competition over the next few weeks. Good luck to the team in Rome and Baku!”

Zoom call between Ceredigion pupils and Ben Davies.

Finley Saycell, a Year 7 pupil of Ysgol Penweddig said: “Today’s experience was a special one. I thank everyone who had given us the opportunity. It was excellent. I spoke to Ben Davies – one of Wales’s best players!”

Ben Davies has won over 50 caps for Wales and previously played in the Euros in 2016. Welsh-born Ben attended Ysgol Gyfun Ystalyfera, Neath Port Talbot.

Following the interview, Ben Davies said: “It was lovely to speak to the children and see the support that there is for us – WOW!”

Continue Reading

Popular This Week