UK credit card and loan debt rises at the fastest rate since 2005

[Paddy]

British shoppers splurge as debt grows at fastest pace since boom year of 2005*

Well that explains the UK's GDP "growth" rate.
We all know what follows a debt fuelled splurge don't we?
Or perhaps not, since at least 52% of the population are thick as pig-tulip.

One of my friends works for the CAB. Most of the people with credited card issues get into debt because they used them for necessities such as counsel tax and electricity. Reality is not the DM and Express.

[BrilloPad]

Why would anyone bother saving? Borrow to the max.