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UK homes to have debts of £10,000 by 2016, says PwC

Debt of average British household to reach record £10,000 in 2016

The average UK household will have unsecured debts of £10,000 by the end of 2016, according to accountancy firm PricewaterhouseCoopers (PwC). The figure includes spending on credit cards, bank borrowing and student loans, but does not include mortgages. The total amount of non-mortgage debt equated to nearly £9,000 per household ...

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