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Personal Debt

Volume 131: debated on Friday 15 April 1988

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To ask the Chancellor of the Exchequer if he will estimate the adult average per capita personal debt, not including mortgages; and if he will make a statement.

[holding answer 12 April 1988]: The adult average per capita stock of personal sector debt, excluding mortgages, is estimated to have been a little over £1,300 at the end of the third quarter 1987.This figure includes debts of unincorporated businesses since these are part of the personal sector.