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The government is taking a proactive approach to support those in problem debt. First,
the government has increased funding for publicly-funded debt advice to over £56 million
in this financial year, enough to provide support to over 530,000 people. This advice
helps vulnerable consumers to seek expert help with their debts and get their finances
back on track.<p> </p><p>Second, the government is also implementing its manifesto
commitment to introduce a breathing space and statutory debt repayment plan. The polices
aim to give people in problem debt the opportunity to take control of their finances
and put them on a sustainable footing.</p>
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