Debts

(asked on 26th June 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of changes in the level of unsecured debt over the last two years.


Answered by
Steve Barclay Portrait
Steve Barclay
This question was answered on 29th June 2017

It is now at 40% (Q4 2016), compared with 37% two years ago and 44% before the financial crisis (2007 Q1).

The Financial Policy Committee’s most recent assessment shows how it intends to monitor and mitigate risks related to household debt in its June 2017 Financial Stability Report.

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