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Tag: unsecured loans

Britain’s debt dilemma: Not too high, not too low or the UK economy risks disaster

Rainbow of Credit

The Bank of England Financial Policy Committee (FPC) has signalled that it has become worried again about debt. Its specific focus is households. Consumer credit, for example, grew by 10 per cent during 2016, far faster than the economy as a whole. A lot of household debt is in the form of a mortgage, so there is […]

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