Relevant:
- For the first time, Britons' personal debt exceeds Britain's GDP
- Home ownership to suffer lasting fall, says Bank's Miles (UK)
- One Third of Britons See House Prices Falling, Rightmove Says
- Britons Less Optimistic on House-Price Gains as Spending Cuts Curb Economy
- Britons Shun Shops as Gas Prices Keep Drivers at Home
2011-12-30 — google.com
"Britons reduced their mortgage debt by £8.6 billion during the third quarter of this year, but the Bank of England said there was "little sign" that households are trying to pay their debts down more quickly than in the past."
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