Debt Levels in the UK
Debt Levels in the UK
Debt levels in the UK have been growing significantly for both: National Debt (Government debt. The amount government spending exceeds tax revenues) Personal debt (consumers, firms) Personal debt levels in the UK Personal debt includes both secured (usually mortgages, loans against value of home) and unsecured (personal loans, credit card debt). The level of both types of debt have increased in the past few years. Generally, secured debt is seen as less harmful, but, with falling property pr
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