
Average UK household debt hits £14,540, family debt ratio set to top 143 per cent of income in four years
The average British family owes £14,540, with economists forecasting that household debt as a share of income will continue to rise over the next four years. Unsecured UK debt per rose by £430 in the third quarter of this year, compared to a year ago, driven up by a rise in insecure work and years of…