A debt and money management advice project introduced by Labour Councillors last year is “progressing extremely well” and meeting all its targets according to Tower Hamlets Council.
Funding for the project was allocated by Labour councillors as part of the 2012 Budget negotiations after fears that the Mayor was not doing enough to protect residents from the negative impact of the Government’s economic policies and cuts .
The service provides specialist debt advice for one hundred residents a year and money management advice for a further fifty. The scheme is seen as an important contribution for the borough, especially after the Mayor’s controversial decision earlier this year to cut the budgets of the borough’s well used advice centres.
Labour’s spokesperson for Resources, Cllr Carlo Gibbs, said:
“We know the strain families are under as a result of the economic downturn and the Government’s failed attempts to stimulate jobs and growth, it is important that the Council helps residents to understand their options with advice services such as these.”
“This is exactly the kind of positive action that the community can expect from a future Labour Council."