Showing posts with label personal debt. Show all posts
Showing posts with label personal debt. Show all posts

Monday, 7 January 2019

Britain Is Crippled by Record Personal Debt While the Tories Boast of a Boom


THE GUARDIAN: UK households are taking on more debt than ever to make ends meet. In this climate, rising employment figures mean nothing

With a government torn apart by Brexit and a country falling to pieces because of that government, Conservative MPs have a fallback they sometimes like to use as proof of their success: the UK has record employment levels. It’s a proud badge of honour they wear, fetishising work – it doesn’t matter what that work looks like or how much it pays – because it’s supposedly a sign that the economy is doing well. The thing is, people might be in work, but they’re also in debt. » | Maya Goodfellow | Monday, January 7, 2019

Saturday, 29 March 2014

Austerity Push: Britons Struggle with High Hidden Debt


Consumer debt has hit record levels in the UK with many borrowing to cover basic necessities like rent and utility bills. And new information's now come to light, revealing the problem affects far more people than previously thought, as RT's Laura Smith now reports