Scary Debt Statistics

UK Debt Statistics
November 2012

UK Personal Debt

• Outstanding personal debt stood at £1.415 trillion at the end of September 2012.
  
• This is up from £1.406 trillion at the end of September 2011. Individuals owed nearly as much as the entire country produced during the whole of 2011.
  
• Outstanding secured (mortgage) lending stood at £1.257 trillion at the end of September 2012. This is up from £1.242 trillion at the end of September 2011.
  
• Outstanding unsecured (consumer credit) lending stood at £158 billion at the end of September 2012. This is down from £164 billion at the end of September 2011.
  
• Average household debt in the UK (excluding mortgages) was £5,991 in September. This is up from a revised £5,939 in August.
  
• Average household debt in the UK (including mortgages) was £53,785 in September. This is up from a revised £53,719 in August.
  

[wales01man]

Re: Scary Debt Statistics

Sign of the times sorry to say when times were as we were told good we all borrowed thinking we could pay it back as we thought employment was permanaent the figures dont show how the debt is broken down between the rich the poor those in work and those out of work it will only rise until we get a government that can govern and control the country not one that is run by the bankers and money men