On 27 February we published the No Small Change report, where we estimate that more than 30,000 people with cancer in their 40s and 50s have borrowed money from their elderly parents. More than 2,000 have moved in with their parents or parents-in-law after having to sell their house.
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An estimated 700,000 people with cancer from all age groups are vulnerable because they have no savings to fall back on when the costs of cancer mount up.
With more families struggling with debt across the UK, and the numbers of people diagnosed with cancer continuing to grow, there must be urgent action.
The Government must ensure people affected by cancer can access the benefits they need. Health and social care professionals need training and tools to raise awareness and signpost people to financial information and support. The banking and insurance sector must also provide support.
For more information and to read the report, click here.
To watch or share our video about the financial impact of cancer and how to join our campaign to ensure that everyone gets the help they need to cope with the cost of cancer, click here.
To find out more about the ways in which Macmillan can help mitigate the financial impact of cancer, from help accessing pensions, navigating the benefits system, or managing household bills, visit our website or let your patients know they can call our team of financial specialists on 0808 808 00 00.