Striking Numbers December 2023

Everyday in the UK

Personal Debt in the UK

The population of the UK grew by an estimated 151 people a day between 2020 and 2021.

  • On average, a UK household spends £4.17 a day on water, electricity, and gas.
  • 279 people a day were declared insolvent or bankrupt in England and Wales in August 2023 to October 2023. This was equivalent to one person every 5 minutes and 9 seconds.
  • In Northern Ireland in October 2023, there were 4.0 insolvencies per day. In Scotland in the three months to June 2023 there was 22.3 insolvencies per day.
  • Citizens Advice Bureaux in England and Wales dealt with 1,083 debt issues every day in the year to November 2023.
  • 6.8 properties were repossessed every day in July to September 2023 in the UK, or one every 3 hours and 47 minutes.
  • The number of UK mortgages with arrears of over 2.5% of the remaining balance increased by 37.0 a day in the year to September 2023.
  • The number of people unemployed in the UK increased by 658 per day in the twelve months to July 2023.
  • 1,109 people a day reported they had become redundant in May to July 2023.
  • Net lending to individuals and housing associations in the UK grew by £31.2 million a day in October 2023.
  • Government debt increased by £442 million a day in in the three months to October 2023.
  • Borrowers paid £192 million a day in interest in October 2023.
  • It costs an average of £24.44 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 £29.50 per day.
  • 45.5 mortgage possession claims and 10.5 mortgage possession orders were made every day in England and Wales in July to September 2023.
  • 271.1 landlord possession claims and 72.5 landlord possession orders were made every day.

Arising from the current climate

The UK has undergone a significant degree of political and financial turmoil over the past few years. The pandemic and ongoing cost of living and energy crises, among other events, have affected the lives and finances of many people across the UK. Following are some striking statistics, curated over the last few weeks to reflect the situation as it evolves:



The percentage of purchases in the UK made with notes and coins in 2022, up from 15% in 2021. Until 2015, notes and coins were used for more than half of transactions (The British Retail Consortium).


The percentage of people in the UK who report that they will spend less on Christmas this year due to the rising cost of living. Only 3% expect to spend more than usual, while 36% report that they will spend as much as they usually do on Christmas (YouGov).


The amount the average household in the UK will spend on Christmas festivities this year, which is equivalent to 80% of the average monthly UK income. This is compared to 30 years ago, when the average spend was £229. This means that, adjusting for inflation, the cost of Christmas has risen by 290% in 30 years (MoneySupermarket).

22 million

The number of people who only used cash once a month or not at all in the last year (UK Finance).


The rise in the cost of living among the lowest income households in the year to September 2023, in comparison to a 6.7% rise in benefits over the same period (ONS).

Statistics Source: http//

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