We have been producing our must read summary of UK’s money situation since 2005. The latest UK money statistics from the Money Charity can be found below. And you can find the archive here.

The Money Statistics June 2018

£0.99m The decrease in net lending to individuals in the UK

20 The amount in properties repossessed every day

£77.44 The fall on last month in UK debt increases for each adult

21% The increase in debt issues reported by Citizens Advice on last year

4.1p The increase in unleaded and diesel petrol per litre on last month

18.26% The increase in the average interest rate on a credit card bearing interest

34 The number of mortgage repossessions every day in Q1 2018

0.2% The decrease on house prices on last month according to Nationwide

£29m The fall in Public Sector Net Debt per day in 2018

UK Personal Debt

People in the UK owed £1.5839 trillion at the end of April 2018.

This is up from £1.535 trillion at the end of April 2017– an extra £949.30 per UK adult. This is a fall of £77.44 on last month.

The– including mortgages – was £58,233 in April. The revised figure for March was £58,246. average total debt per household.

Per adult in the UK that’s an average debt of £30,597 in April – around 113.9% of average earnings.

This is down 0.2% on last months average earnings, but up overall from a revised £30,604 a month earlier.

Based on April 2018 trends, the UK’s total interest repayments on personal debt over a 12 month period would have been £50.331 billion.

That’s an average of £138 million per day.

This means that households in the UK would have paid an average of £1,850 in annual interest repayments. Per person that’s £972 3.62% of average earnings.

According to the Office for Budget Responsibility’s March 2018 forecast, household debt is predicted to reach £2.296 trillion in Q1 2022.

This makes the average household debt £84,412 (assuming that the number of households in the UK remained the same between now and then).

Outstanding consumer credit lending was £210.6 billion at the end of April 2018, increasing by £1.2bn on last month.

This is also up from £197.4 billion at the end of April 2017, and is an increase of £234.62 for every adult in the UK.

Per household, that’s an average consumer credit debt of £7,744 in April, up slightly from a revised £7,698 in March – and £449.78 extra per household over the year.

The average consumer credit borrowing stood at £4,069 per adult. This is up £4,045 on last month.

Total credit card debt in April 2018 was £71.1bn. Per household this is £2,613.

For a credit card bearing the average interest, it would take 26 years and 4 months to repay if you made only the minimum repayment each month.

The minimum repayment in the first month would be £63 but reduces each month. If you paid £63 every month, the debt would be cleared in around 5 years and 4 months.

Total net lending to individuals by UK banks and building societies fell by £0.04 billion in April 2018– or £0.99m a day.

Net mortgage lending fell by £0.16 billion in the month; net consumer credit lending rose by £0.12 billion as well.

In Q1 2018 they wrote off £1.069bn (of which £318 million was credit card debt) amounting to a daily write-off of £11.6 million.

Everyday in the UK

The population of the UK grew by an estimated 1,474 people a day between 2015 and 2016.

On average, a UK household spends £3.67 a day on water, electricity and gas.

304 people a day are declared insolvent or bankrupt. This is equivalent to one person every 4 minutes and 44 seconds.

Cash machines were used an average of 90 times a second across the UK.

3,399 Consumer County Court Judgements (CCJs) were issued every day in Q1 2018, with an average value of £1,489.

Citizens Advice Bureaux in England and Wales dealt with 4,212 new debt problems every day during April 2017.

20 properties are repossessed every day, or one every 1 hour and 12 minutes.

The number of mortgages with arrears of over 2.5% of the remaining balance fell by 38 a day.

The number of people unemployed fell by 318 per day from January to March 2018.

1,054 people a day reported they had become redundant between January and March.

Net lending to individuals in the UK fell by £0.99 million a day in April 2018.

The Government debt fell by £29m a day during 2018.

Borrowers would repay £138 million a day in interest in year, based on April 2018 trends.

It costs an average of £23.61 per day for a couple to raise a child from birth to the age of 18.

This comes to £28.48 per day for a lone parent family.

50 mortgage possession claims and 34 mortgage possession orders are made every day.

354 landlord possession claims and 266 landlord possession orders are made every day.