ArticleEconomic Abuse: Know the Signs, Find Solutions

Economic abuse, a pervasive yet often overlooked form of domestic abuse, robs individuals of financial autonomy and traps them in cycles of dependency. Unlike the visible scars of physical abuse, economic abuse can be subtle, insidious, and devastating. Recognizing its signs and understanding the legal protections available is the first step towards empowerment.

Understanding Economic Abuse

Economic abuse is defined as a form of coercive control where one partner restricts the other’s ability to acquire, use, or maintain financial resources. This can occur independently or alongside other forms of abuse, such as physical, emotional, or sexual violence. Victims are left financially dependent, isolated, and often unable to leave abusive relationships.

Common Forms of Economic Abuse

Economic abuse manifests in various ways, including:

• Denying access to joint bank accounts or savings.
• Restricting the victim’s employment opportunities.
• Forcing the victim to take on coerced debts.
• Withholding financial information or resources.
• Requiring receipts for all expenditures, even minor ones.
• Threatening violence if financial demands are unmet.

Such behaviours not only hinder a victim’s financial independence but also inflict emotional and psychological harm, reinforcing their dependence on the abuser.

The Scale of Economic Abuse in the UK

According to a 2024 study commissioned by the UK charity Surviving Economic Abuse, nearly 15% of women reported experiencing economic abuse from a current or former partner within the past year. The research revealed:

• 27% of these women faced threats of physical harm.
• 23% stated economic abuse prevented them from leaving their partner.
• 36% experienced mental health issues, including depression and suicidal thoughts.
• 19% had to borrow money for essential items or bills.

These statistics underscore the profound impact of economic abuse on victims’ lives.

Legal Protections for Victims

The UK has made strides in addressing economic abuse through legislative measures:

• Serious Crime Act 2015: This Act criminalizes controlling or coercive behaviour in intimate or familial relationships.
• Domestic Abuse Act 2021: This Act explicitly recognizes economic abuse as a form of domestic abuse, providing a basis for victims to seek protection and justice.

Victims can apply for legal remedies such as non-molestation orders or occupation orders to secure their safety and maintain access to shared assets like the family home. Furthermore, economic abuse can be a factor in financial proceedings following a divorce, potentially influencing settlements to address career and pension losses caused by the abuse.

Immigration Implications: The Domestic Violence Concession

For individuals in the UK on a Spouse or Unmarried Partner Visa, economic abuse poses unique challenges. If the relationship breaks down due to domestic abuse, including economic abuse, victims can apply for Indefinite Leave to Remain under the Domestic Violence Concession. This vital protection ensures victims are not forced to stay in abusive relationships to maintain their immigration status.

Recognizing the Signs

Awareness is key to identifying and addressing economic abuse. Common indicators include:

• Exclusion from property deeds or tenancy agreements.
• Lack of access to personal or joint finances.
• Coerced loans or debts.
• Restrictions on employment or career advancement.
• Constant monitoring of financial transactions.
• Threats or manipulative behaviour to enforce financial control.

Steps to Overcome Economic Abuse

Victims of economic abuse often feel trapped, but support is available. Legal professionals and charities can provide guidance and resources. At GigaLegal Solicitors, we offer confidential and compassionate advice on:

• Initiating no-fault divorce proceedings.
• Securing injunctions and financial orders.
• Protecting children through child arrangement orders.
• Navigating the immigration implications of domestic abuse.
• Addressing post-separation economic abuse, such as non-compliance with court orders.

Final Takes: A Call for Awareness and Action

Economic abuse strips individuals of their independence and dignity. By raising awareness and providing robust legal support, we can empower victims to reclaim control of their lives. If you or someone you know is experiencing economic abuse, seeking legal advice is a crucial step towards freedom and recovery. At GigaLegal Solicitors, our experienced family and immigration lawyers are here to help you navigate this challenging journey.

For confidential legal advice, contact GigaLegal Solicitors today. Together, we can break the cycle of economic abuse and build a future of financial independence and safety.