UK credit card borrowing soars – Guardian

Aug 31st 2022 2:10am EDT

Borrowing has surged at the fastest rate in 17 years, the news outlet has reported Credit card borrowing in the UK accelerated in June at the fastest yearly rate since 2005, The Guardian reported on Tuesday, citing data from the Bank of England. According to the report, borrowing jumped by £740 million ($836 million) month-on-month, […]

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