Debt-laden UK households struggle to make ends meet

EUROPE ON THE MOVE - According to recent figures, the average British household is now 65,000 euros in debt, while a quarter of low income families spend more than 25 percent of their income every month simply repaying debt.

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• households
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• British
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• repaying

[kingwaldo100]

These debt collecters are rapists and the Government welcomes this. They will torture and rape your family, including all the members. The OFT who regulates them are told not to do anything. As for the Financial Services Authority , who regulate the banks, they welcome this behaviour. Also the Financial Ombudsman Service, supports the torture of pregnant women and are told to protect the banking industry. London UK, in serious debt and doing everything not to default on their national debt.

[Shukria123]

Blacks are trouble.

[soundnicetome]

Indac02,Yes,you are quite right.At the moment I am studying the fiasco involving Irelands banking problem ! Ireland had its chance to vote NO to the latest EU treaty.I suspect politicians have had an agenda all along?Ireland with its banking crisis,and now accepting loan/s from the EU,unfortunately will only strenghten the EUs hold on countrys in this situation.Further civil unrest,is EXACTLY what goverments want,in order to impliment a goverment style police state to control a bankcrupt country

[lndac02]

@soundnicetome Yes agree Totally,Margeret Thatcher was the first Politician to openly state that Britain was to no longer be a world manufacturer.She believed Britain could make its living with banking and service industry.Little did she know 15 years ago that Service jobs would also be lost thanks to "offshoring" via the wonder that is the Internet.So the only option this country had to create a boom was for everyone to go out and spend money on credit. This had only one possible outcome.

[soundnicetome]

Well if this country 40 years ago had not decided to rid our Steel/Ship building Manufacturing industry,Caol industry,Icould go on and on.We all have been hodwinked into believing that all goverment decisions were correct.But the real truth is they have sold our country down the river.We now find ourselves in the situation where jobs are not there,people are in impossible finacial situations,and our country is about to go bust...what a joke.

[RemiG2006]

It's around 19% now according to shadowstats . com

[Hendo1974]

Much higher than 9% unemployment, governments always LIE about the Real Unemployment figures and crime figures! No, 2010 will get much worse, with more housing collapsing in America and Commercial Properties falling rapidly as well!