UK striking debt statistics August 2011

Page last updated Monday, 01 August 2011

005-credit-statsStriking numbers

Today in the UK

  • 331 people every day of the year will be declared insolvent or bankrupt. This is equivalent to 1 person every 60 seconds during a working day
  • 1,577 Consumer County Court Judgements (CCJs) were issued every day during Q1 2011 and the average judgement amount was £3,118
  • Citizen Advice Bureaux dealt with 9,072 new debt problems every working day in England and Wales during the year ending March 2011
  • The average cost of raising a child from birth to the age of 21 is £27.50 a day
  • 100 properties were repossessed every day during Q1 2011
  • 36 new people became unemployed for more than 12 months every day during the 12 months to end May 2011
  • 1,578 people reported they had become redundant every day during 3 months to end May 2011
  • £251,500,000 is the amount that the Government Public Sector Net Debt (PSDN), including financial interventions, will grow today (equivalent to £2,911 per second).
  • £144,600,000 is the interest the Government has to pay each day on the UKs net debt of £2276.0bn (which includes financial interventions). This is estimated to rise to £182m a day in 2015-16
  • 220 mortgage possession claims will be issued and 160 mortgage possession orders will be made today
  • 382 landlord possession claims will be issued and 265 landlord possession orders will be made today
  • The UK population is projected to grow by 1,205 people a day over the next decade
  • 24.1m plastic card purchase transactions will be made today with a total value of £1.182bn
  • 7.3m cash withdrawals will be made today with a total value of £478m
  • The average car will cost £16.08 to run today
  • It costs £67.80 on average to fill a car with a 50 litre tank with unleaded petrol.

Source: creditaction.org.uk



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