Numbers seeking advice from Mabs up 20% amid cost-of-living crisis 

In their recent statements announcing price reductions, energy companies have pointed to their collaborations with Mabs to support people who are in difficulty paying their bills.

The number of new clients of the Money Advice and Budgeting Service (Mabs) rose 20% last year, as the cost-of-living crisis heightened and families struggled with sky-high energy and grocery bills.

New statistics revealed in the Citizens Information Board’s annual report show Mabs saw 16,115 new clients last year, while its helpline received 26,772 calls — a 14% jump on the previous year.