Unsecured debt hits new peak of £15,400 per household, TUC finds

  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Unions blame austerity and low wages as total unsecured borrowing, including student loans, hits £428bn

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Average UK household debt now stands at record £15,400Austerity and wage stagnation to blame for ‘crisis level’ unsecured loans, says TUC Let's watch how that figure goes after Brexit is finalised The Bank of England said unsecured consumer credit grew by 8.5% in July, down from 8.8% a month earlier. Although still more than double the rate of annual pay increases, the figures are likely to point towards a slowdown for the British economy. We’re the slaves of the phoney leaders, breathe the air they have blown you
Source: The Guardian - 🏆 84. / 53 Read more »