Striking UK Numbers – September 2018

Striking Numbers – September 2018 – Every day in the UK

• The population of the UK grew by an estimated 1,074 people a day between 2016 and 2017.
• On average, a UK household spends £4.34 a day on water, electricity and gas.
301 people a day are declared insolvent or bankrupt, in April to June 2018. This is equivalent to one person every 4 minutes 47 seconds.
• In August 2018, cash machines were used an average of 94 times a second across the UK.
2,920 Consumer County Court Judgments (CCJs) are issued every day in Q2 2018, with an average value of £1,460.
• Citizens Advice Bureaux in England and Wales dealt with 2,397 new debt problems every day during August 2018.
12 properties are repossessed every day in Q2 2018, or one every 2 hours.
• The number of mortgages with arrears of over 2.5% of the remaining balance fell by 19 a day.
946 people a day reported they had become redundant between May & July 2018.
• Net lending to individuals & Housing Associations in the UK increased by £116.5 million a day in July 2018.
• The Government debt fell by £84m a day in the year to July 2018.
• Borrowers would repay £138 million a day in interest in July 2018.
• It costs an average of £23.61 per day for a couple to raise a child from birth to the age of 18.
49 mortgage possession claims and 32 mortgage possession orders are made every day in April to June 2018.
324 landlord possession claims and 250 landlord possession orders are made every day.

 

Personal debt in the UK

People in the UK owed £1.5955 trillion at the end of July 2018.
The average total debt per household – including mortgages – was £58,658 in July. The revised figure for June was £58,525.
Per adult in the UK that’s an average debt of £30,636 in July – around 113.0% of average earnings -0.3% on last month. This is up from a revised £30,567 a month earlier.

 

Statistics source: http://www.themoneycharity.org.uk