NABS Launches Cost of Living Support to Help Adlanders with Current Crisis

NABS has launched a special Cost of Living Grant to help adlanders in need as a result of the current financial crisis. 

The Cost of Living Grant is a one-off £1,000 grant that will be given to those who are experiencing financial challenges in key areas, for example struggling to pay bills or buy food.  

Industry professionals who are facing financial barriers and have less than £5k in savings can apply for this grant. A list of eligibility criteria is available to view on NABS’ website. 

NABS also recognises that those from marginalised groups may be more greatly impacted by the crisis and therefore encourages and welcomes applications from all areas of our industry.  

This is the first time that NABS has offered a topic-specific grant. Its Cost-of-Living Grants will initially be available to apply for four months from 1 November 2022, to cover higher costs over the winter months. 

Lorraine Jennings-Creed, director of wellbeing services and culture change, NABS, says: “A significant number of people in our industry will need to adjust how they prioritise their outgoings. Some may need to make difficult choices about how they manage and meet their basic needs. As the support organisation for our industry, NABS wants to offer some practical and speedy help and that’s why we’ve reacted quickly by creating the Cost-of-Living Grants which will be the first part of our Financial Wellbeing offer. 

“We’re encouraging people to identify where they need help by reading the Cost of Living Grant criteria on our website or to contact us for an informal chat so that they can apply.” 

NABS is further building on its financial support service this winter with a free online lunchtime NABS talk with Kia Commodore, financial guru and money saving expert on 24 November. To book a ticket, click here. 

Lorraine added: “We’ve been able to move really quickly on this and we hope that people will now come forward to access the help that we can offer them. We’re hugely grateful to everybody who donates to NABS, as their generosity has made all of this possible.”