Property News · December 27, 2017

John McDonnell warns over 'alarming increase' in UK household debt


Labour analysis finds unsecured borrowing could exceed £19,000 per household by end of parliamentJohn McDonnell has said the UK is in the grip of a household debt crisis with levels of unsecured borrowing predicted to hit a record of £19,000 per household by the end of this parliament.The shadow chancellor said the increase in debt, to more than £14,000 per household this year, was alarming. Continue reading…

Source : theguardian.com
Read more…John McDonnell warns over ‘alarming increase’ in UK household debt