{"id":1779,"date":"2016-01-17T16:00:05","date_gmt":"2016-01-17T09:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/spend-spend-spend-its-what-the-chancellor-is-praying-for\/"},"modified":"2016-01-17T16:09:26","modified_gmt":"2016-01-17T09:09:26","slug":"spend-spend-spend-its-what-the-chancellor-is-praying-for","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spend-spend-spend-its-what-the-chancellor-is-praying-for\/","title":{"rendered":"Spend, spend, spend \u2013 it\u2019s what the chancellor is praying for"},"content":{"rendered":"


\nPersonal debt and the booming property market have become the main drivers of growth in Osborne\u2019s economyGeorge Osborne has already put in place legislation to prevent future governments racking up more debt, but consumer borrowing? Well, that\u2019s another matter. Consumers who spend all their wages and then a bit more on top are George Osborne\u2019s best friend.Figures last week from the Finance & Leasing Association (FLA) documents a 17% surge in new consumer borrowing during the year to November 2015. The data covered credit cards, store cards, car loans and the dreaded second mortgage, which was so popular that the value of new loans jumped 31% during the year. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Spend, spend, spend \u2013 it\u2019s what the chancellor is praying for<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Personal debt and the booming property market have become the main drivers of growth in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1779","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sH","jetpack-related-posts":[{"id":20414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-borrowing-drops-in-george-osbornes-last-hurrah-as-chancellor\/","url_meta":{"origin":1779,"position":0},"title":"UK borrowing drops in George Osborne's last hurrah as Chancellor","date":"July 21, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK borrowing drops in George Osborne's last hurrah as Chancellor","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-consumer-debt-reaches-seven-year-high-in-uk\/","url_meta":{"origin":1779,"position":1},"title":"New consumer debt reaches seven-year high in UK","date":"January 3, 2015","format":false,"excerpt":"\r Consumer helplines sound alarm bells as new borrowing on credit cards, loans and overdrafts in November tops \u00a31.25bn Consumer helplines have sounded a warning after Britons ran up their highest level of new debt in November for nearly seven years, with the month\u2019s borrowing on credit cards, loans and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":1779,"position":2},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":710,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-will-it-take-to-build-george-osbornes-400000-homes\/","url_meta":{"origin":1779,"position":3},"title":"What will it take to build George Osborne's 400,000 homes?","date":"January 4, 2016","format":false,"excerpt":"\r The chancellor has promised a major housebuilding programme, but Britain may not have enough bricks and bricklayersBritain\u2019s housebuilding capabilities are in the spotlight: No 10 has announced that ministers will commission 13,000 homes on five sites around southern England, the largest housing project led by central government since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","url_meta":{"origin":1779,"position":4},"title":"Big jump in UK consumer borrowing fuels likely interest rate","date":"October 30, 2017","format":false,"excerpt":"\r The 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households as Bank of England meets to set borrowing rates Consumers maintained their borrowing habit in September, as a near-double-digit increase in lending to households left the Bank of England on track to raise interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-osbornes-help-to-buy-isa-work-for-first-time-buyers\/","url_meta":{"origin":1779,"position":5},"title":"How will Osborne's help-to-buy Isa work for first-time buyers?","date":"March 18, 2015","format":false,"excerpt":"\r The chancellor announces a new Isa to help first-time buyers. We look at the detailsFirst-time buyers are being offered up to \u00a33,000 each to put down as a home deposit through a new help-to-buy Isa unveiled in the chancellor\u2019s budget. Continue reading...\r \r Source : theguardian.com\r Read more...How will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1779"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1779"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}