Bank of England says individuals borrowed extra £2.1bn in consumer credit in November Credit card borrowing rose at the fastest annual rate for almost two years in November, according to the Bank of England , as households took on debt to finance the rising cost of Christmas. In a snapshot covering the month of Rachel Reeves’s highly anticipated autumn budget , the central bank said individuals borrowed an additional £2.1bn in consumer credit, up from a £1.7bn increase in October. Continue reading... from The Guardian https://ift.tt/GiP1IYO via IFTTT
There were 83,000 unwanted moves in England over the past 12 months, meaning 40% have been forced to relocate
Unwanted home moves cost renters over half a billion pounds a year, with tenants coughing up an average of £669 every time they are forced by landlords to leave their home, a survey has revealed.
Analysis by the homelessness charity Shelter estimated that there had been 830,000 unwanted moves in England over the past 12 months, meaning 40% of renters who move house are doing so because they have been compelled to look for other accommodation.
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