Despite three years of paying off credit cards the average household still faces £8,000 in unsecured debts, a PwC report warned today. “UK consumers are among the most indebted in the world,” said PwC’s Simon Westcott. “With households paying off an average of £355 worth of debts in 2011, three years of austerity have only made a small dent in the total levels of borrowing.”
Households are £8,000 in debt
Monday 6th February 2012, 5:21am
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Editor's Letter
Allister Heath
Britain must embrace 30pc tax revolution to boost growth
IT is time for Britain to make a vital choice. Our economy is stagnant, with unemployment at horrendous...
