Britain in the Red study finds that people are struggling to make repayments as wages have fallen since financial crisisAbout 1.6 million UK households are living in extreme debt, according to a report by the TUC, which says official figures underestimate the intense burden of repayment on many families and individuals.Contrary to official data, which suggests that households have been repaying debt accumulated before the financial crisis, the Britain in the Red report says households are finding it harder than ever to cope as wages have fallen. Continue reading…
Source : theguardian.com
Read more…More than 1.5 million UK households in extreme debt, says TUC report















