UK Personal Debt
Total UK personal debt at the end of April 2011 stood at £1,452bn. The twelve-month growth rate remained unchanged at 0.8%. Individuals currently owe nearly as much as the entire country produced during the whole of 2010.
Total lending in April 2011 rose by £1.2bn; secured lending increased by £0.7bn in the month; consumer credit lending increased by £0.5bn (total lending in Jan 2008 grew by £8.4bn).
Total secured lending on dwellings at the end of April 2011 stood at £1,241bn. The twelve-month growth rate remained unchanged at 0.7%.
Total consumer credit lending to individuals at the end of April 2011 was £211bn. The annual growth rate of consumer credit increased 0.3 percentage points to 1.5%, the highest figure since June 2009 (when this was 1.9%).
UK banks and building societies wrote off £9.5bn of loans to individuals in the 4 quarters to end Q1 2011. In Q1 2011 they wrote off £1.89bn (£866m of that was credit card debt). This amounts to a write-off of £20.71m a day.
Average household debt in the UK is ~ £8,121 (excluding mortgages). This figure increases to £15,618 if the average is based on the number of households who actually have some form of unsecured loan.
Average household debt in the UK is ~ £55,854 (including mortgages).
If you add to this the March 2010 budget report figure for public sector net debt (PSND) expected in 2015-16 (excluding financial interventions) then this figure rises to £106,470 per household.
Everyday in the UK
331 people every day of the year will be declared insolvent or bankrupt. This is equivalent to 1 person every 60 seconds during a working day.
1,577 Consumer County Court Judgements (CCJs) were issued every day during Q1 2011 and the average judgement amount was £3,118.
Citizens Advice Bureau dealt with 9,498 new debt problems every working day in England and Wales
The average cost of raising a child from birth to the age of 21 is £27.50 a day.
100 properties were repossessed every day during Q1 2011
233 new people became unemployed for more than 12 months every day during the 12 months to end March 2011
1,348 people reported they had become redundant every day during 3 months to end March 2011
£199,700,000 is the amount that the Government Public Sector Net Debt (PSDN), including financial interventions, will grow today (equivalent to £2,312 per second).
£151,230,000 is the interest the Government has to pay each day on the UKs net debt of £2252.9bn (which includes financial interventions). This is estimated to rise to £182m a day in 2015-16.
220 mortgage possession claims will be issued and 160 mortgage possession orders will be made today
382 landlord possession claims will be issued and 265 landlord possession orders will be made today.
The UK population is projected to grow by 1,205 people a day over the next decade
24.1m plastic card purchase transactions will be made today with a total value of £1.156bn.
7.7m cash withdrawals will be made today with a total value of £528m
The average car will cost £16.08 to run today
It costs £68.45 on average to fill a car with a 50 litre tank with unleaded petrol.