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Trust Deed Scotland

We face the same £30bn of unfair and unnecessary cuts today as we did yesterday.

The reaction comes following the release of George Osbourne’s budget for 2015, as commenters in Scotland analyse the real-life impact that the proposed changes may have on the country’s population and indeed their financial situations.

The most significant feature of the budget is that further public spending cuts are expected to hit people in Scotland, meaning those struggling with debt problems look set to face more difficult times ahead. With more and more people struggling with serious financial issues, it has been labelled as “destructive” by senior Scottish politicians and looks set to impact public opinion heading towards the general elections in May.

John Swinney, Scotland’s Finance Minister and newly-appointed Deputy First Minister following Alex Salmond’s relinquishing of the SNP leadership in September, has condemned the Budget: “The Chancellor had every opportunity to end the damaging cuts from the UK government and has instead turned his back on investment in public services".

"We face the same £30bn of unfair and unnecessary cuts today as we did yesterday. That is despite the clear admission from the chancellor that there is headroom to invest to protect our public services.”

A spokesperson for Trust Deed Scotland, leading providers of financial advice and debt resolution services, has released a statement following the Chancellor’s flagship announcement: “Regardless of your political beliefs or affiliations, it is clear that these continued cuts are to make things extremely difficult for those currently in serious amounts of debt in Scotland.

“Here at Trust Deed Scotland, we believe that a more practical approach to debt is now needed from the Scottish public. If you feel yourself slipping into a financial predicament that is unmanageable, you should seek out professional help and advice as a matter of urgency. The stigma attached to seeking out help managing your money is long outdated – the amount of people now struggling is now so significant that people should not shy away from support.”

Trust Deed Scotland® Ltd is a leading debt advisory service for Scottish residents. They are 100% owned and operated in Scotland, with a 98% trustpilot rating owing to their free, qualified debt advice. They are able to advise on the suitability of Trust Deeds and a number of alternatives, including The Debt Arrangement Scheme, Debt consolidation and Sequestration.

This press release was distributed by ResponseSource Press Release Wire on behalf of Trust Deed Scotland in the following categories: Personal Finance, Business & Finance, Public Sector, Third Sector & Legal, for more information visit http://pressreleasewire.responsesource.com/about.