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Lloyds TSB funds financial advice for refugees

British bank Lloyds TSB has made funding available for the provision of financial advice services to African asylum seekers based in greater Manchester.

The GBP 26,400 grant from the Lloyds TSB Foundation For England And Wales will cover the cost of a salary for a full-time financial advice worker, who will advise on debt and money management issues in association with the Tameside African Refugee Association (TARA).

"We welcome the funding from Lloyds TSB Foundation For England And Wales,” said TARA manager Jules Mambu in an interview with Isle of Man Today.

“The Money Advice Project aims to assist people to better manage their finances, increasing their understanding of debt and the possible consequences.”