28 per cent of British householders now borrow money to cover basic bills, according to research from Santander.
Nearly 14 million people in Britain use credit cards, overdrafts, payday loans and other loans to cover the cost of household bills each month
Instead of using money from their current account, Brits are borrowing £3.6 billion (€4.4 billion) each month to meet the cost of gas, electricity, council tax, water and other household bills.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team