Round here we are seeing the effects of the global credit crunch that has hit countries across the world. But there is help on offer.

The Government has taken action to provide help and support to families and businesses that are being hit so that Britain comes out of the recession more quickly and stronger than before.

Our priorities to get Britain through the recession are:

• to prevent the collapse of the banking system, so that people’s savings are secure and the banks can do their job
• to get the financial system lending responsibly again so as to support businesses, jobs and growth; to support the economy and jobs through direct government action, including tax cuts and important investment projects; and to help people through these tough times.

That’s why action has been taken to boost our economy by putting money in straight back people’s pockets. Thanks to Labour, there is

• income tax cuts of £145 for every basic rate taxpayer
• £60 extra for every pensioner in January 2009
• a VAT cut worth on average over £200 to every family this year; and an extra £3 billion investment in projects that will protect and create jobs.

To help you and your family get through these tough times, Yvette has put together some helpful factsheets. Click on the images below to find out more

Help with your household bills                       Jobs and benefits advice

Money problems guidance                                     Help with housing

 Boiler Scrappage Scheme