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Home | BoE: unsecured debt more burdensome |
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BoE: unsecured debt more burdensome
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- December 13, 2010
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In its latest quarterly bulletin, the Bank of England reports that UK households’ financial positions remain “under strain” as a result of “elevated unemployment, weak earnings growth and restricted credit availability”. In addition, households reported greater difficulty in dealing with unsecured debt (held by 52% of households surveyed) than this time last year. The proportion [...]
- Read more at:http://www.bankingtimes.co.uk/2010/12/13/boe-unsecured-debt-more-burdensome/
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