New Home Owners And Snagging Forum
Home Owners => Mortgages and Insurance => Topic started by: The Prophet on July 09, 2011, 11:34:09 am
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Consumption accounts for around 60% of the UK economy. But UK households are paying down personal debt.
In the first quarter of 2011, they have paid back £5.8 billion of housing debt equating to 2.3% of their net income.
With inflation and higher taxes putting a squeeze on real incomes it is not surprising that spending in the high street fell by the
most in two years.