....In five areas - Northern Ireland, the West Midlands, Yorkshire and Humber, North East England and Wales - more than half the adult population has savings below £100. There is a risk to UK economic stability too, with lenders standing to lose much more on their consumer credit loans than they would on mortgage lending if there is an economic downturn
and their borrowers default on their credit card and other personal loans. ...
[Read full article on BBC
Monday 22nd of May 2017 11:24:11 PM