22nd June 2020
British households are expected to rack up debts worth a combined £6bn during the coronavirus health crisis, StepChange claims. As millions fall behind on credit card payments, council tax and utility bills, the debt advice […]
27th January 2019
Unsecured household debt has risen to a fresh peak, with debt per household reaching £15,385, according to analysis by the TUC. The trade union group claims that government austerity and years of wage stagnation are […]
31st July 2018
Taken collectively, UK households spent more than they earned in 2017. It is the first time that household have ‘lived beyond their means’ in this way for almost thirty years. The data from the Office […]
16th April 2018
Lenders have significantly reduced the availability of non-mortgage credit to households in the first three months of 2018, according to a survey from the Bank of England. Household credit: A Bank of England survey of […]
19th February 2018
Big increases in mortgage costs and other expenses will hit families hard if interest rates rise. A new study indicates that British households will spend almost a third more on their mortgages and other household […]