Showing posts with label latest news blog. Show all posts
Showing posts with label latest news blog. Show all posts
Ministers admit family debt burden is set to soar
Families will be hit by a spiralling debt crisis over the next four years that will see average British households plunge further into the red as the government austerity programme bites, official figures reveal.
The Office for Budget Responsibility has raised its prediction of total household debt in 2015 by a staggering £303bn since late last year, in the belief that families and individuals will respond to straitened times by extra borrowing. Average household debt based on the OBR
14:20 | Labels: George Osborne's, latest news blog, news world | 0 Comments
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