There is no doubt that the UK economy has seen a boom now that restrictions have eased and life seems relatively ‘back to normal’. People are spending their money here and the rise of the staycation this year has meant that income is being spent in the UK, which can only mean good news…but how exactly does the UK fare in terms of debt during the last three months? Let’s take a look at the August debt statistics which are released monthly by The Money Charity.
Remember that you can view the statistics from the first quarter of 2021 here in order to compare with the August debt statistics.
If the past year has had a negative impact on your financial situation, feel free to call us for a discussion on what debt solutions could be available to suit your personal situation.