Striking Numbers June 2023

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 £3.97 a day on water, electricity, and gas.
  • 330 people a day were declared insolvent or bankrupt in England and Wales in March 2023 to April 2023. This was equivalent to one person every 4 minutes & 22 seconds.
  • In Northern Ireland in May 2023, there were 6.3 insolvencies per day and in Scotland in the three months to March 2023 there was 21.2 insolvencies per day.
  • Citizens Advice Bureaux in England and Wales dealt with 2,257 debt issues every day in the year to May 2023.
  • 8.3 properties were repossessed every day in January to March 2023 in the UK, or one every 2 hours and 53 minutes.
  • The number of UK mortgages with arrears of over 2.5% of the remaining balance rose by 2.5 a day in the year to March 2023.
  • The number of people unemployed in the UK fell by 14 per day in the twelve months to April 2023.
  • 1,033 people a day reported they had become redundant in February to April 2022.
  • Net lending to individuals and housing associations in the UK grew by £5.2 million a day in April 2023.
  • Government debt increased by £657 million a day in the three months to May 2023.
  • Borrowers paid £168 million a day in interest in April 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.
  • 44.8 mortgage possession claims and 9.9 mortgage possession orders were made every day in England and Wales in October to December 2022.
  • 259.9 landlord possession claims and 74.2 landlord possession orders were made every day.

The percentage of households in England and Wales who report that mains gas central heating was the only central heating source in their home (ONS).

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:

14 days

The amount of time on average that working women would be able to meet household costs before reaching the breadline, in the event of a complete loss of income. The average working man would be able to meet these costs for 28 days. The average household would be able to meet costs for 19 days (Legal and General).


The percentage of women who view the cost of living crisis as a constant source of worry, compared to 68% of men. Women were much more likely to be cutting back on luxuries (86% vs 76% of men) and reducing essential spending, where possible (72% vs 65% of men) (Legal and General).


The percentage of disabled people receiving the £150 cost of living payment who reported that it would not be enough to cover their increased costs for essentials (Scope).


The percentage of workers from Black, Asian mixed race and minority ethnic backgrounds who reported that government support would not see them through the next six months, a rate 7% higher than their white counterparts (People Like Us).


The percentage of disabled bank customers who say that bank branch closures have had a negative impact on their ability to access vital banking services (Which?).


The percentage of households who are putting off dental treatments due to worries about costs. 35% have not been able to afford a healthy balanced diet at least once in the past month (Personal Research Finance Centre).

Statistics Source: http//

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