UK striking debt numbers issued April 2010

Page last updated Thursday, 01 April 2010

  • 005-credit-statsThe average household debt will increase by £0.44 today (it grew by £11.11 a day in January 2008)
  • 390 people today will be declared insolvent or bankrupt. This is equivalent to 1 person every 3.69 minutes
  • Citizen Advice Bureaus dealt with 9,500 new debt problems every day in England and Wales
  • The average cost of raising a child from birth to the age of 21 is £26 a day.
  • 1,000 people are seeking some form of formal debt rescheduling every working day.
  • 230,137 unsolicited telephone calls made to UK consumers daily by debt management and personal loan companies
  • In the last 12 months consumers saved an average of £2.76 every day
  • 2,000 Consumer County Court Judgements (CCJs) were issued every day in the first 3 months of 2009
  • 126 properties were repossessed every day during 2009
  • Unemployment increased by 1,049 people every day during 12 months to end January 2010.
  • 1,841 people reported they had become redundant every day during 3 months to end January 2010.
  • 167 young people (18 – 24s) have become a NEET (not in education, employment or training) every day during the last 12 months.
  • £397,500,000 is the amount that the Government Public Sector net debt (PSDN) will grow today (equivalent to £4,601 per second).
  • £84,880,000 is the interest the Government has to pay each day on the UKs net debt of £857.5bn. This is projected to rise to £114m a day (£41.6bn) in 2010 – 2011 financial year.
  • 219 mortgage possession claims will be issued and 185 mortgage possession orders will be made today
  • 363 landlord possession claims will be issued and 244 landlord possession orders will be made today.
  • The UK population is projected to grow by 1,178 people a day over the next decade
  • 21.9m plastic card purchase transactions will be made today with a total value of £1.05bn.
  • 8.1m cash withdrawals will be made today with a total value of £530m
  • The average car will cost £15.13 to run today

Source: creditaction.org.uk 


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