Debts

(asked on 27th May 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the aggregate household debt in the UK on 8 May 2015.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
Shadow Minister (Business and Trade)
This question was answered on 3rd June 2015

According to the latest figures published by the Office for National Statistics, the UK's total household debt was £1,686 billion in the fourth quarter of 2014. As a proportion of household income, household debt has fallen from a peak of 169 per cent in the first quarter of 2008 to 146 per cent in the fourth quarter of 2014.

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