{"id":75333,"date":"2017-12-27T22:09:22","date_gmt":"2017-12-27T15:09:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/john-mcdonnell-warns-over-alarming-increase-in-uk-household-debt\/"},"modified":"2017-12-27T23:03:05","modified_gmt":"2017-12-27T16:03:05","slug":"john-mcdonnell-warns-over-alarming-increase-in-uk-household-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/john-mcdonnell-warns-over-alarming-increase-in-uk-household-debt\/","title":{"rendered":"John McDonnell warns over 'alarming increase' in UK household debt"},"content":{"rendered":"


\nLabour analysis finds unsecured borrowing could exceed \u00a319,000 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 \u00a319,000 per household by the end of this parliament.The shadow chancellor said the increase in debt, to more than \u00a314,000 per household this year, was alarming. Continue reading…
\n
\nSource : theguardian.com
\nRead more…John McDonnell warns over ‘alarming increase’ in UK household debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Labour analysis finds unsecured borrowing could exceed \u00a319,000 per household by end of parliamentJohn McDonnell...<\/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-75333","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-jB3","jetpack-related-posts":[{"id":75525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hammond-relying-on-household-debt-to-hit-targets-says-mcdonnell\/","url_meta":{"origin":75333,"position":0},"title":"Hammond relying on household debt to hit targets, says McDonnell","date":"January 1, 2018","format":false,"excerpt":"\r Labour frontbencher says millions of families are seeing earnings squeezed so that chancellor can pretend to meet targetsJohn McDonnell has accused the government of relying on millions of British families going further into debt in order to meet Treasury targets.The shadow chancellor said families were set to borrow \u00a3445bn\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-household-to-be-10000-in-debt-by-end-of-2016\/","url_meta":{"origin":75333,"position":1},"title":"Average UK household to be \u00a310,000 in debt by end of 2016","date":"March 23, 2015","format":false,"excerpt":"\r Report warns that people\u2019s complacency over their ability to manage their borrowing could lead to resurgence in bad debtThe average UK household will owe close to \u00a310,000 in debts such as personal loans, credit cards and overdrafts by the end of 2016, which is a new high in cash\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-debt-tide-is-rising-how-can-you-avoid-drowning\/","url_meta":{"origin":75333,"position":2},"title":"The UK debt tide is rising \u2013 how can you avoid drowning?","date":"August 14, 2017","format":false,"excerpt":"\r With total household borrowing now topping \u00a3200bn, we looks at options for those who find themselves in difficultiesCampaigners have long warned of the problem and it is now official: Britain has a growing debt problem at levels not seen since the global financial crisis almost a decade ago.Borrowing through\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tuc-urges-government-to-help-boost-pay-as-debt-nears-record-levels\/","url_meta":{"origin":75333,"position":3},"title":"TUC urges government to help boost pay as debt nears record levels","date":"May 25, 2017","format":false,"excerpt":"\r Average unsecured debt per household stood at \u00a313,200 last year \u2013 just \u00a3100 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-launch-inquiry-into-household-finances-as-200bn-debt-pile-looms\/","url_meta":{"origin":75333,"position":4},"title":"MPs launch inquiry into household finances as \u00a3200bn debt pile looms","date":"November 8, 2017","format":false,"excerpt":"\r Treasury select committee, chaired by Nicky Morgan, will look at borrowing and whether consumers are saving adequatelyMPs have launched a formal inquiry into household finances, as personal debt hits levels unseen since the financial crisis. The Treasury select committee will examine the debt levels of UK households as well\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-debt-market-sell-off-threatens-to-push-up-mortgage-costs\/","url_meta":{"origin":75333,"position":5},"title":"UK debt market sell-off threatens to push up mortgage costs","date":"January 10, 2025","format":false,"excerpt":"\r About 700,000 homeowners face increase when fixed-rate deals end this yearBusiness live \u2013 latest updatesAbout 700,000 homeowners are facing an increase in mortgage costs when their fixed-rate deals end this year, as a sell-off in the UK government debt market plunges the financial markets into turmoil and threatens to\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\/75333"}],"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=75333"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75333\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}