Michael Sheen Erases £1 Million of Debt for 900 Neighbors in Wales

The actor used £100,000 of his own money to highlight systemic issues in the UK's credit industry through a new documentary.

Michael Sheen's Channel 4 documentary details his two-year effort to cancel £1 million of debt held by 900 people in South Wales, using £100,000 of his own funds.
Sheen established a debt-buying business to purchase and forgive debt, aiming to spotlight the challenges of high-interest credit faced by low-income individuals.
The project highlights the economic struggles of Port Talbot, where the decline of the steel industry has left many residents in financial hardship.
Sheen advocates for systemic reform, including the proposed Fair Banking Act, to improve access to affordable credit for underserved communities.
The actor, who declared himself a 'not-for-profit' actor in 2021, emphasizes that his actions are meant to inspire change rather than personal recognition.