UK households pay off record £7.4bn in credit card and loan debt

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Figures point to plunging consumer demand, giving government ministers a problem as they attempt to boost economy

The figures raise questions for the Treasury as it attempts to get Britain’s economy back on its feet.

 

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Outrageous that card companies not reducing interest rates when their own are at virtually zero

An Economist called Tombs. How apposite!

Its probably refunded holidays.

That'll annoy the banks

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