Put yourselves in the shoes of an average British's young
graduate who cannot afford super expensive homes, who work to pay
for others' pensions, who hardly has any savings, who owes credit
card debts, who wants to marry but end up renting a flat and
divorcing, who cannot integrate with his French / German
neighbours, who would be led to think that his society is being
unfair to him, who would think that his society sabotages his
future, who has no future. (Read below)
LONDON (Reuters) - More than eight million British adults are in
serious debt, an increase of 30 percent in the past year, largely
due to rising interest rates, according to research published on
Thursday.
Some 8.2 million people, equivalent to 18 percent of the adult
population, have 10,000 pounds or more of unsecured debt -- such as
credit cards, overdrafts, loans and store cards -- according to a
quarterly survey by debt consultancy Thomas Charles.
The number of people struggling to meet debt repayments has also
increased.
A quarter of those with serious debts --10,000 pounds or more --
concede they frequently have problems meeting repayments, up 9
percent on the year.
The poll of 2,115 British adults, conducted by YouGov, also shows
that people in London are the most likely to be struggling with
debt.
Around 40 percent of those living in the capital with debts of
10,000 pounds ore more say they have regular problems repaying
their dues.
This compares with 20 percent in the rest of the south and just 18
percent in the Midlands and Wales.
