Personal debt in the UK is rising by £1m every four minutes according to research from the national money education charity, Creditaction. Jackie Newton of Chiltern Debt Management says: “The sums involved are frightening, especially when you break it down and discover that it equates to a total debt of over £50,000 in each and [...]
December, 2006
Debt rising
Household debt has risen by more than 30 per cent to an average of £13,153 over the last three years according to figures from the Citizens Advice Bureau (CAB). “Some may argue that the debt problem is being brought under control, but when you look at these figures it’s obvious that debt is still a [...]
Tories get set to tackle tossers
The Conservative party has launched an anti-debt campaign that urges young people to “ignore their inner tosser” and cut out unnecessary spending to reduce the likelihood of serious debt problems. The campaign, which features a website including sections called the “tosser test”, “tosser map” and “look what my tosser did”, intentionally “uses provocative language in [...]
