国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

UK household debt soars in 2018: TUC survey

Source: Xinhua| 2019-01-08 03:15:00|Editor: Mu Xuequan
Video PlayerClose

LONDON, Jan. 7 (Xinhua) -- British household debt increased sharply in 2018, a survey published by the Trades Union Congress (TUC), a national trade union centre, showed on Monday.

According to the figures, unsecured debt per household, referring to debt other than mortgages, rose to 15,385 British pounds in the third quarter of 2018, up 886 pounds a year earlier.

Total unsecured debt soared to 428 billion British pounds in the third quarter of 2018, hitting a record high and significantly exceeding the 286-billion-pound peak in 2008 ahead of the financial crisis.

Unsecured debt as a share of household income currently stands at 30.4 percent, which is also far above the 27.5 percent level registered in 2008.

"Working families on average are worse off today than before the financial crisis. This means millions of households are reliant on borrowing to get by," the TUC said.

Frances O'Grady, general secretary of TUC, said: "Household debt is at crisis level. Years of austerity and wage stagnation have pushed millions of families deep into the red.

"The government is skating on thin ice by relying on household debt to drive growth. A strong economy needs people spending wages, not credit cards and loans," she said.

She added that the British economy is not working for workers, who need stronger rights and bargaining powers. "Trade unions should be allowed the freedom to enter every workplace to negotiate higher wages," she said. (1 British pound = 1.28 U.S. dollars)

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091377269191
主站蜘蛛池模板: 营山县| 普兰店市| 龙胜| 新和县| 湖北省| 历史| 印江| 彩票| 喀什市| 鹤山市| 金寨县| 平陆县| 雷山县| 鸡西市| 阿拉善左旗| 平度市| 崇仁县| 鄯善县| 漳浦县| 大姚县| 山阴县| 广水市| 格尔木市| 竹溪县| 漳浦县| 建德市| 吉安市| 蓬安县| 胶州市| 淳安县| 伽师县| 嘉禾县| 寻乌县| 庆元县| 如东县| 岱山县| 博野县| 平罗县| 大名县| 巴中市| 尖扎县|