Britain’s ‘Broken economy’ causing record levels of household debt

credit management
Britain’s ‘Broken economy’ causing record levels of household debt 19th September 2019. Analysis from the TUC has shown that unsecured debt per household has risen to record levels. The average household debt rose to £15,880 in the first quarter of
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Britons are worse off than in 2008

Finance and Legal
Britons are worse off than in 2008 19th September 2019. A report from the New Economics Foundation has questioned official statistics and suggests that Britons are £128 a year worse off on average than they were in 2008. The research
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Reasons why millennials are going bankrupt

Finance and Legal
Reasons why millennials are going bankrupt 19th September 2019. The Daily Telegraph published an article on why middle-class millennials are experiencing debt problems. Data from the Insolvency Service suggest the number of 18 to 25-year-olds going bankrupt has increased 10-fold
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UK avoids recession

Finance and Legal
UK avoids recession 10th September 2019. UK brushes off recession fears The UK avoids recession as the economy expanded by 0.3% month on month in July, according to official figures, well above economists’ expectations of 0.1% growth. The services, manufacturing
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Government council will support post-Brexit lending to SMEs

Business
Government council will support post-Brexit lending to SMEs 10th September 2019. The Treasury and the Department for Business, Energy, and Industrial Strategy (BEIS) have announced the creation of a finance council to support lending to smaller businesses after Brexit and
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