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Emeritus Prof Christopher May /
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2023-09-23 08:48:57

Emeritus Prof Christopher May on Nostr: While #mortgage #debt may be an ongoing problem in a (sustained) period of high ...

While #mortgage #debt may be an ongoing problem in a (sustained) period of high #interestrates, as Claer Barrett (FT) points out this is actually overshadowed by the non-housing household debt in the UK - Mortgages £16bn vs. other debt(s) at £22bn... with Citizens Advice Bureau now seeing more & more people with debt problems relating to borrowing to pay utility & other household bills...

The #Tories economic mismanagement (under the badge #austerity) has impoverished ever more of us.

#GTTO
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