Property News · May 25, 2017

TUC urges government to help boost pay as debt nears record levels


Average unsecured debt per household stood at £13,200 last year – just £100 short of level before financial crisisThe TUC has urged the next government to take action to boost pay as it warned that borrowing to top up wages was poised to breach the record levels hit just before the financial crisis of a decade ago.Frances O’Grady, the TUC general secretary, expressed alarm at the steady increase in unsecured debt – which excludes mortgages – and called for a higher minimum wage and an end to the tough pay curbs in the public sector. Continue reading…

Source : theguardian.com
Read more…TUC urges government to help boost pay as debt nears record levels

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