23rd May 2007
As at the end of 2005, the total amount of lending outstanding (or debt) in the UK was £1,656 billion, a 9% increase as compared to 2004 and 42.5% up compared with 2001. The amount of debt in the UK — in particular, consumer debt — is currently a matter of considerable debate and is forecast to grow even more towards the second half of this decade.
Source: Research and Markets, May 2007
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