Striking Numbers 2021

Everyday in the UK

Personal Debt in the UK

The population of the UK grew by an estimated 777 people a day between 2019 and 2020.

  • On average, a UK household spends £4.33 a day on water, electricity, and gas.
  • 305 people a day were declared insolvent or bankrupt in England and Wales in June 2021 to August 2021. This was equivalent to one person every 4 minutes & 43 seconds.
  • In Northern Ireland in August 2021, there were 4.8 insolvencies per day and in Scotland in the three months to June there was 20.7 insolvencies per day.
  • Citizens Advice Bureaux in England and Wales dealt with 1,873 debt issues every day in the year to August 2021.
  • 2.3 properties were repossessed every day in April to June 2021 in the UK, or one every 10 hours and 24 minutes.
  • The number of UK mortgages with arrears of over 2.5% of the remaining balance rose by 4 a day in the year to June 2021.
  • The number of people unemployed in the UK grew by 222 per day in the twelve months to July 2021.
  • 1,022 people a day reported they had become redundant in May to July 2021.
  • Net lending to individuals and housing associations in the UK grew by £41.7 million a day in July 2021.
  • Government debt increased by £466 million a day in the year to August 2021.
  • Borrowers paid £122 million a day in interest in July 2021.
  • It costs an average of £23.25 per day for a couple to raise a child from birth to the age of 18.
  • For a lone parent family, the cost of raising a child comes to £28.22 per day.
  • 27.5 mortgage possession claims and 3.0 mortgage possession orders were made every day in England and Wales in April to June 2021.
  • 77 landlord possession claims and 49.5 landlord possession orders were made every day.

Arising from Coronavirus pandemic

The decision by the Chancellor not to apply the wage element of the pension triple lock in 2022 highlights the unusual way pay rates have changed during the pandemic.

The headline annual growth rate to July 2021 was 8.3% for total pay and 6.8% for regular pay (see page 21). However, both numbers have been boosted by measuring from when pay dropped during lockdown at the beginning of the pandemic. According to ONS, there were also changes in the composition of measured wages, as more low-paid workers than high-paid workers dropped out of the workforce for a period of time.

Taking account of the 2020 pay drop and composition effects, ONS calculated the “true” rate of annual pay growth to May 2021 to be between 3.2% and 4.4%. One way of estimating the true rate of pay growth is to take the annualised rate of change from before the pandemic to now, or the annualised rate of change since late 2020. “Annualised” means the equivalent rate for a 12 month period. This shows that the true rate of pay growth was around half the headline rate:

Annualised % Change in Pay to July 2021

  Total Pay Regular Pay
Feb 2020 to July 2021 4.1% 4.2%
Oct 2020 to July 2021 3.5% 3.6%


Statistics Source: http//

We have assisted many people with personal debt in the UK – view our testimonials here