UK household deficit is at 'unprecedented' levels and we're completely unprepared for the next recession Staff
Posted: Mar 18, 2016 11:59 AM
The UK household deficit — the amount by which debts like credit cards, car leases, and student loans exceed our incomes — will reach 3% of GDP and stay there for an extended period, according to the Office for Budget Responsibility, which called the phenomenon "unprecedented."

Recommended Townhall Video