Summary
Following on from the Bank of England's decision not to decrease interest rates, new figures released yesterday from the British Bankers Association suggest that Britons are taking on unsecured debt at nearly half the level they were last year.
During the six months to the end of August, people borrowed around pounds 520m a month, compared with an average of pounds 1.1bn a month during the same period in 2004.See the full content of this document
Extract
Spenders Are Starting to Tighten Their Belts
Other economic figures this week should also indicate people are tightening their belts. Today t...
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