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uwnvpy8H
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Answer
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PkY8mdwe
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John Philip Glen
answer text
<p>The Office for National Statistics (ONS) routinely produces estimates of household debt in the UK, at an aggregate level.</p><p> </p><p>The latest available data on regional household debt, covering the period 2014 to 2016, shows that median household financial debt in the South East is the largest of any English region, while the West Midlands is the lowest. In the UK as a whole, household debt-to-income was 139% in Q3 2018. This remains significantly below the pre-crisis peak of 160% in Q1 2008. Debt interest payments as a share of income remain low by historical standards and below pre-crisis levels. Household net financial wealth as a proportion of income remains close to record highs and above pre-crisis levels.</p><p> </p>
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HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
uwnvpy8H
answering body has answer
uwnvpy8H
PkY8mdwe
question has answer
uwnvpy8H
John Philip Glen
answering person has answer
uwnvpy8H