Tsunami of pandemic debt mounting in millions of British households

Tsunami of pandemic debt mounting in millions of British households

Major charities, campaigners and even a government department have issued dire warnings that the UK’s level of personal debt will soar over the coming months to engulf millions of households if left unchecked.

StepChange this week revealed “a personal debt tsunami” of £6bn directly attributable to the pandemic is already being stored up among 4.6 million households. This will act as a drag on…

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