Lowell, a UK-headquartered European leader in credit management with offices in Stourton, has partnered with two charities which align to the company’s mission of making credit work better for all. The charities, Turning Lives Around and MyBnk, have been chosen by Lowell colleagues to be the focus of their 2023 – 2024 fundraising initiatives.
Recent research conducted by Lowell shows an increasing strain on Brits with 20% of those surveyed citing the cost-of-living crisis as a cause of their money problems. The new charity partners will focus on helping people get access to financial education.
Turning Lives Around, a Beeston-based charity, work with the most marginalised in society to prevent homelessness, maintain independence and promote wellbeing at home. They offer accommodation and support to help clients into work, education and to play a full part in their community.
MyBnk, work nationally to create and deliver innovative financial education programmes to school age children and young adults, covering topics such as saving, budgeting, debt and public and student finance. They have education hubs around the UK and are looking to strengthen their reach with one in Greater Manchester later this year.
Over the next two years, Lowell will work with the two charity partners on a number of exciting fundraising activities and initiatives such as a 24-hour relay challenge, a Back2School campaign and employability skills workshops.
John Pears, Lowell UK CEO, said:
“We have identified two charities that are supporting some of the hardest to reach groups in society and it was vitally important to us that we work with charities that are focused on having a positive impact in the local community. These new and existing partnerships will enable our colleagues to have an even greater impact in the communities in which we live and work. I can’t wait to see all our colleagues get involved.”
Steve Hoey, Turning Lives Around CEO, said:
“I’m really excited about our partnership with Lowell. We are working with 1000 people a year in Leeds and Wakefield who are homeless or at risk of homelessness, but our resources are strained. Lowell colleagues already have lots of ideas about how they can help us, including collecting gifts in kind (like chocolate for Easter and Eid), raising funds through sponsored events, and volunteering time to offer advice to our service users, or help decorate one of our services. We are looking forward to working closely with them over the coming two years.”
Leon Ward, MyBnk CEO, said:
“I am delighted to launch this partnership with Lowell. Research shows over half of young people in Greater Manchester think the cost-of-living crisis will have a greater impact on them than the pandemic*. With Lowell’s support, we will continue to expand MyBnk’s work across the North West of England, helping young people in the region manage their money and avoid homelessness.”
This post is based on a press release issued by Lowell
Photo: Steve Hoey (right) chats to volunteers from Lowell painting a room at Turning Lives Around’s Beeston base
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