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Great Yarmouth's Debt Support Needs Surge Amid Rising Costs

4/21/2026

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Summary

Story summary

Great Yarmouth has the third-highest rate of residents needing debt support, 14% of the population, largely due to its seasonal job market.
Last year, 293 residents in Great Yarmouth entered the Breathing Space debt respite scheme, which provides protection from creditors.
Nationally, the number of people using Breathing Space has doubled since 2021.
Experts warn that rising costs from global events may lead more individuals to fall into debt.

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Story summary

Great Yarmouth has the third-highest rate of residents needing debt support, 14% of the population, largely due to its seasonal job market.
Last year, 293 residents in Great Yarmouth entered the Breathing Space debt respite scheme, which provides protection from creditors.
Nationally, the number of people using Breathing Space has doubled since 2021.
Experts warn that rising costs from global events may lead more individuals to fall into debt.