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Demand rises for emergency loans | Demand rises for emergency loans |
(about 5 hours later) | |
The amount of money set aside for emergency loans needs to be increased following a rise in demand of more than 40%, the Lib Dems have said. | The amount of money set aside for emergency loans needs to be increased following a rise in demand of more than 40%, the Lib Dems have said. |
Figures obtained by the Party show in the last year the number of people on low-incomes applying for the Crisis Loans rose to a total of 2.5m. | Figures obtained by the Party show in the last year the number of people on low-incomes applying for the Crisis Loans rose to a total of 2.5m. |
But in the last six months Jobcentre Plus has turned down more than a third of these - more than ever before. | But in the last six months Jobcentre Plus has turned down more than a third of these - more than ever before. |
The government said those in greatest need were getting their loans approved. | The government said those in greatest need were getting their loans approved. |
Lib Dems' Jenny Willott on the rise | |
The figures revealed by the Lib Dems showed that the number of applications for Crisis Loans in October was the largest in any month since the scheme was established. | The figures revealed by the Lib Dems showed that the number of applications for Crisis Loans in October was the largest in any month since the scheme was established. |
In the last year, an extra 729,000 people applied for help from the government. | In the last year, an extra 729,000 people applied for help from the government. |
The political party said this was an early indication of how people on low incomes were affected by the economic downturn. | The political party said this was an early indication of how people on low incomes were affected by the economic downturn. |
However, Jobcentre Plus turned down more applications in the last six months than it has done in the past three years. | However, Jobcentre Plus turned down more applications in the last six months than it has done in the past three years. |
During that period, it turned down an average 300,000, or 19% of all applications. | During that period, it turned down an average 300,000, or 19% of all applications. |
The Lib Dems believe this is because there are only limited funds now available and have urged ministers to ensure more money is put into the scheme. | The Lib Dems believe this is because there are only limited funds now available and have urged ministers to ensure more money is put into the scheme. |
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