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<p>The Government monitors problem debt levels regularly by working closely with the
Money and Pensions Service (MaPS) and the Financial Conduct Authority (FCA), and by
engaging with the debt advice sector and other relevant stakeholders on their research
and findings.</p><p> </p><p>The FCA conducts a biennial Financial Lives Survey which
provides a comprehensive insight into the finances of the UK population. The latest
‘snapshot’ findings from their survey were published on 21 October 2022 and can be
found in the link below:</p><p> </p><p><a href="https://www.fca.org.uk/data/financial-lives-2022-early-survey-insights-vulnerability-financial-resilience"
target="_blank">https://www.fca.org.uk/data/financial-lives-2022-early-survey-insights-vulnerability-financial-resilience</a></p><p>
</p><p>MaPS monitors financial difficulty through an annual survey of 22,000 individuals.
MaPS published its latest data on 23 February 2022, which can be found in the link
below:</p><p> </p><p><a href="https://www.maps.org.uk/2022/02/23/who-needs-debt-advice-in-2022/?msclkid=79e864bcd13511ecbfe47637e6b4cf42"
target="_blank">Who needs debt advice in 2022? | The Money and Pensions Service (maps.org.uk)</a></p><p>
</p><p>This includes a regional breakdown of how the need for debt advice has changed
since 2019 across the UK.</p><p> </p><p>MaPS is investigating the production of constituency
level data and hopes to be able to publish this by the end of this year.</p>
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