Yvonne Fovargue CBE served as Labour MP for Makerfield from 2010-2024, and is the former Chair of the Debt & Personal Finance APPG, and the Consumer Protection APPG from 2019-2024. She became the Institute of Money Advisers (IMA)'s first Patron in March 2025. For more information about the Institute of Money Advisers, please visit: https://www.i-m-a.org.uk
The so-called “most depressing day of the year” is a tough moment for under-pressure households. But it’s little better for the people we rely on to pick up the pieces when the money runs out. The third Monday of January has earned
