Thursday, August 3, 2006
Debt Statistics updated
At the end of June 2006 the total UK personal debt was £1,228bn. The growth rate remains strong at 10.3% for the previous 12 months which equates to an increase of £100bn. Total secured lending on homes passed £1 trillion (£1,000 billion) in May 2006. In June 2006 it was £1015.9bn. This has increased 11.0% in the last 12 months. Total consumer credit lending to individuals in June 2006 was £211.6bn. This has increased 7.3% in the last 12 months.