As the Bank of England raises the base interest rate from 3.5% to 4%, Ripon Ray shared his thoughts on BBC London Radio with Eddie Nestor on the impact of the rise on people's mortgages, and savings, and bills during the cost of living. We can't forget that on the same day, we hear Shell making unimaginable profits and British Gas's debt collection agent, Arvato Financial Solutions , forcefully putting prepayment meters to indebted and vulnerable communities. You can find all the stories on Eddie's show.
Ripon Ray has worked in the debt advice sector for over 14 years. His work includes front-line advice & training, developing advice services, quality framework and working with regulators. He created template letters to develop confidence among those struggling with debts. He founded a series of podcasts to show the link between debt and other sectors by getting industry experts together.