Michael Sheen Writes Off £1M Debt for 900 South Wales Neighbors

Actor Michael Sheen has used £100,000 of his own money to pay off £1 million of debt for 900 residents in South Wales, highlighting issues in the debt market. This initiative, part of his campaign to advocate for fair lending practices, is documented in the upcoming Channel 4 film 'Michael Sheen’s Secret Million Pound Giveaway.' Sheen's actions aim to draw attention to the struggles of those caught in cycles of debt, particularly as many rely on credit for basic necessities. Despite not knowing the identities of those helped due to data protection laws, Sheen hopes to inspire change in how credit systems operate and promote affordable lending. His efforts come amid rising personal debt levels in the UK, with many people facing financial hardship. Sheen has long advocated for tighter regulations in the credit industry, recently establishing the End High Cost Credit Alliance in 2017.