Posts Tagged ‘debt crisis’
Why are people in the UK so in debt?
A recent report has revealed that the UK is one of the most indebted countries in the world, with about £25,000 worth of debt for every citizen—or £1.7 trillion overall. This figure was worked out by calculating the UK’s debt-to-GDP ratio, which stands at 89%; a very large percentage that means we share the shame…
Read MoreBritain could be facing another debt crisis
Britain could be facing another debt crisis, warn Bell & Company Britain is facing rising debt problems not seen since the beginning of the financial crash of almost a full decade ago, and we could be heading for another crisis, warn the debt experts at Bell & Company. “Nobody saw the crash of 2008 coming,”…
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