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Consumer credit borrowing jumps to highest level since 2017 – BoE

The total amount of credit borrowed rose to £2bn in November from £1.4bn the month befor...

  • Jan 04, 2024
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UK households plunge £22bn in debt but ‘picture is only set to get worse’

A quarter of UK households are behind on at least one bill, with the growing debt burden t...

  • Sep 15, 2023
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Society ‘rewards’ unsecured debt but it hurts mortgage borrowers – analysis

People taking on more unsecured debt or consolidating it into their mortgage can be detrim...

  • Feb 03, 2023
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Six million fall behind on bills due to coronavirus

One in nine people – the equivalent of six million people across the UK – have reporte...

  • Aug 21, 2020
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FCA warning on youth racking up debt for day-to-day basics

Financial Conduct Authority (FCA) chief executive Andrew Bailey has warned that a growing ...

  • Oct 16, 2017
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Household debt-to-income ratio 60% higher than 1988

The debt-to-income ratio of the UK household sector stood at 137% in the first quarter of ...

  • Oct 03, 2017
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Regulator warns against rising ‘mountain of consumer debt’

As charity figures suggest 8.3m people are struggling with debt levels, FCA boss Andrew Ba...

  • Sep 19, 2017
  • 1

Use second charge loans to consolidate debt, says Clever Lending

Master broker Clever Lending has urged brokers to consider secured loans as a viable debt ...

  • Feb 02, 2017
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