money works was set up by the mayor of newham.ad gone into his surgery and had a financial crisis and had ended up going to loan sharks. it was then that sir robin thought, what can i do for the residents of newham to offer more affordable credit? i've just put in for an £800 loan so let's see what happens. just at least get a good sum, about 200. what's special about money works is that it offers loans in partnership with a credit union alongside debt advice. it's not about giving a lone and putting a plaster on it and it is forgotten about, it is about working with the customer are looking at where they are and how we can move them forward. how are you, michael? nice to see you. michael first came to money works 18 months ago, desperately struggling with £5,000 worth of debt. i got very, very depressed and i tried to take my own life on several occasions because of the pressure of debt. ill—health forced michael to retire. this, together with the drop in benefits, meant he was struggling to afford basic living costs. it was our

money works was set up by the mayor of newham.ents had gone into his surgery and had a financial crisis. they ended up going to loan sharks. he thought what can i do for the residents to offer more affordable crows it. -- cred i —— credit. offer more affordable crows it. -- cred i -- credit. let's see what happens? a good sum, about 200. what's special is that money works a lot of customers come to those... it's an eye—opener to them. a lot of customers come to those... it's an eye-opener to them. it's just ridiculous, all that money. michael was given practical advice alongside a loan to pay off his debts. we... we offered him alone and he was £1213 better off. michael is now debt free. it worked wonderfully. money works is proving so wonderfully. money works is proving so successful, other councils are looking at doing the same. now is the time to cut up that credit card. fantastic. we have had people burst into tears because of the emotional hold that the idea of credit has got with someone. the emotional hold that the idea of

. —— newham. was killed on saturday in a row over cigarette papers. the appeal, started by mill hill synagogue which is close to the murder scene, had originally set a target of £1,000. a 16—year—old youth is due to appear in court today. let's have a look at the travel situation now. on the trains, of course we have that strike on south—western railway, and they are running a reduced timetable. you'll want to check that before you set off. this is stock well road, close between brixton and stock well, closed since about one a.m.. a man in his 30s is in hospital after being shot. and finally in westminster horseferry road is closed for repairs to a gas leak. there's no access from parliament square to whitehall because of the works there. good morning. it is perhaps not feeling as cold this morning as yesterday, but it is still rather damp and it is still rather cloudy. it will stay mostly cloudy as well and that is all because of this cold front. it has been moving across very gradually overnight