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UK credit card borrowing rises at fastest annual rate in almost two years

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
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‘You can make meaningful relationships’: how does friendship change in older age?

Often the number of friends we have dwindles as we age. What happens when you actively fight against it?

When retiree Pat Mathews was planning her post-work life in an outer suburb in Melbourne’s west, she realised she lacked friends – local friends. She remembers thinking: “You’re going to have a lonely life if you don’t do something.”

Until then, for more than 30 years, the divorcee had enjoyed a busy city job – 6am to 6pm, five days a week – surrounded by people. The two-hour commute meant she had only ever exchanged little more than a wave with her neighbours. Her closest friends were scattered hours away.

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