Source link British households have piled up record debts of almost £3 billion ($3.8 billion) with electricity and gas suppliers, national energy regulator Ofgem has revealed. The total amount owed to energy suppliers has soared by £400 million since mid-October, according to a report released on Friday. It is now at its highest ever level […]
Tag: household
British household debt to double in three years – report — RT Business News
Source link The burden is expected to shoot up to £151 billion by 2026, according to a tax and spending watchdog Household debt in the UK will rise from the current level of £73 billion ($92 billion) to $190 billion in 2026, the Office for Budget Responsibility (OBR) reported this week. The increase means the […]