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1046839
registered interest false more like this
date less than 2019-01-23more like thismore than 2019-01-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Debts more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of trends in the regional spread of household debt since 2010. more like this
tabling member constituency Coventry South more like this
tabling member printed
Mr Jim Cunningham more like this
uin 211640 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-28more like thismore than 2019-01-28
answer text <p>The Office for National Statistics (ONS) routinely produces estimates of household debt in the UK, at an aggregate level.</p><p> </p><p>The latest available data on regional household debt, covering the period 2014 to 2016, shows that median household financial debt in the South East is the largest of any English region, while the West Midlands is the lowest. In the UK as a whole, household debt-to-income was 139% in Q3 2018. This remains significantly below the pre-crisis peak of 160% in Q1 2008. Debt interest payments as a share of income remain low by historical standards and below pre-crisis levels. Household net financial wealth as a proportion of income remains close to record highs and above pre-crisis levels.</p><p> </p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
remove filter
answering member
4051
label Biography information for John Glen more like this
tabling member
308
label Biography information for Mr Jim Cunningham remove filter