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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Interest-free loans to be rolled out in UK to help with food bills

A food bank in Bristol
A food bank in Bristol. Anyone can use the ‘microloan’ scheme. Photograph: Matt Cardy/Getty Images

A zero-interest loans scheme aimed at helping thousands of people who are struggling to put food on the table is being rolled out across the UK.

The initiative, the result of a link-up between the supermarket chain Iceland and a charity-owned lender, is the latest interest-free loans scheme to launch in response to growing concern about households who find themselves at the sharp end of the cost of living crisis and are unable to access or afford existing forms of credit.

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