• | Britains private debt crisis | MR Online

    Tackling Britain’s private debt crisis

    As of July 2017, the Bank of England measured the stock of private debt held by individuals at £1.548 trillion; making household sector indebtedness one of the biggest problems facing the United Kingdom’s economy and society. There is growing public policy concern over the historically unprecedented level of household debt but little by way of proposed solutions to deal with it.