InternationalInternational Economics

The intensification of the debt crisis of the British people


According to the report of Fars News Agency’s International Economy reporter, citing Rashatoudi, the increase in the cost of living in England has caused many households in this country to be unable to pay their debts.

According to the Veach Institute, 1.9 million British households have not paid at least one installment of their mortgage, mortgage, rent, credit card, or other debt in the past 30 days.

This institute announced that while the people of England have remained in paying their debts, their amount usually decreases in the last months of the year and increases in the beginning of the year.

Veitch said that statistics indicate that in the coming weeks and months, with the intensification of the recession in the British economy, there will be a wave of non-payment of debts and installments by families in England.

At the same time, the British people are expected to face more financial pressures in the coming year.

The most money that British families have left to pay is gas and electricity bills, and Veitch’s research shows that British renters have more problems in settling their debts and bills than others.

Rocio Concha, director of Vitch, has announced that there is concern that a large number of British citizens will face the problem of increasing debt in the first month of next year; The reason is that after the increase in spending during the Christmas holidays, their credit card debt will increase, and at the same time, we will witness the continuation of the crisis of increasing the cost of living in the country.

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