UK striking debt numbers issued June 2010

Page last updated Thursday, 03 June 2010

005-credit-statsStriking Numbers

  • Inflation 19-year high - RPI inflation increased to 5.3%
  • 2.51m unemployed - highest number in 16 years
  • 757,000 - unemployed for - 12 month
  • 9,562 - Number of new debt problems dealt with by CAB each day
  • £57,915 - average household debt
  • £186m - personal interest paid in UK daily
  • Every 13.4 minutes - a property is repossessed
  • Every 51 seconds - someone will be declared insolvent or bankrupt
  • £378,100,000 - daily increase in Government national debt (PSDN)  

Today in the UK

  • The average household debt will increase by £0.10 today (it grew by £11.11 a day in January 2008)
  • 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
  • 1,940 people reported they had become redundant every day during 3 months to end March 2010.
  • 273 young people (18 – 24s) have become a NEET (not in education, employment or training) every day during the last 3 months.
  • £378,100,000 is the amount that the Government Public Sector net debt (PSDN) will grow today (equivalent to £4,376 per second).
  • £121,640,000 is the interest the Government has to pay each day on the UKs net debt of £893.4bn. This is projected to be £114m a day (£41.6bn) in 2010 – 2011 financial year.
  • 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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