Debt a problem, but consumers still partying

According to debt consultancy Thomas Charles’ latest quarterly research, up to 19% of Britons with debts of £10,000 or more are considering insolvency. This is up from 17% recorded in October last year at the time of the last such survey, which is carried out by research group YouGov on a sample of more than 2,000 people nationwide. The research suggests up to 8.4 million people in the country have unsecured debts of at least £10,000. There is some light at the end of the tunnel with the figures suggesting the number of men owning such sums has declined 9% since October, while the numbe...