UK Debt Numbers

Page last updated Tuesday, 04 August 2009

 

005-credit-statsStriking Numbers for April 2009 - issued May 2009

Today in the UK:

 
  • The average household debt will increase by £1.16 today (a decrease from £11.11 a day in January 2008)

  • 323 people today will be declared insolvent or bankrupt. R3 estimate this will increase to 435 people a day throughout 2009 or 1 person becoming bankrupt or entering into an Individual Voluntary Arrangement (IVA) every 3.3 minutes.

  • In the last 12 months consumers saved an average of £2.84 every day

  • 2,262 Consumer County Court Judgements (CCJs) were issued every day in 2008

  • 143 properties were repossessed every day during the last 3 months to end December 2008. The Council of Mortgage lenders estimates this will increase to approximately 205 a day throughout 2009.

  • Unemployment increased by 1,967 people every day during 3 months to end February 2009.

  • 3,000 people reported they had become redundant every day during 3 months to end February 2009.

  • The average house has decreased in value by £92 every day during the last 12 months.

  • £84m is the interest the Government has to pay each day on the UKs net debt of £743.6bn. This is projected to rise to £118m a day (£43bn) in 2010 – 2011 financial year.

  • 33,600 applications for credit have been turned down every day during the past six months.

  • 285 mortgage possession claims will be issued and 319 mortgage possession orders will be made today

  • 396 landlord possession claims will be issued and 304 landlord possession orders will be made today.

  • 20.3m plastic card purchase transactions will be made today with a total value of £1.02bn.

  • Citizen Advice Bureaus dealt with 7,241 new debt problems every day

  • The average car will cost £16.80 to run today

  • £578m will be withdrawn from cash machines today.

Source: creditaction.org.uk


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