Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of trends in the regional spread of household debt in each of the last five years.

The Office for National Statistics (ONS) produce estimates of household debt in the UK. According to latest available data, median household non-mortgage debt between 2016 and 2018 was highest in London, the South East and the South West and was lowest in the North West, Yorkshire and the Humber and Scotland.

In the UK as a whole, household debt-to-income has fallen from 152% at the start of 2010 to 135% in Q2 2020. This remains significantly below its pre-financial crisis peak of 160% in Q1 2008.