UK Card Defaults Rise For Longest Period in 17 Years, BOE Says
The number of Britons defaulting on credit card debt has risen for six consecutive quarters for the first time since the financial crisis in a sign that households are coming under severe pressure as a result of the Middle East conflict.
Read the full story at Bloomberg Economics ↗
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RegionsGlobal
Published1 h ago (Thu, 08 Oct 2026 10:20:19 GMT)
RetrievedThu, 08 Oct 2026 11:00:16 GMT via rss
ClassifiedThu, 08 Oct 2026 11:00:33 GMT by heuristic
AuthorPhilip Aldrick