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Personal Debt

Volume 448: debated on Wednesday 12 July 2006

To ask the Chancellor of the Exchequer what the total amount of personal debt was in (a) the UK, (b) Stockport metropolitan borough, (c) Tameside metropolitan borough and (d) Denton and Reddish constituency in the most recent period for which figures are available; and if he will make a statement. (84083)

The information requested falls within the responsibility of the National Statistician who has been asked to reply.

Letter from Colin Mowl, dated 12 July 2006:

The National Statistician has been asked to reply to your recent Parliamentary Question on what the total amount of personal debt was in (a) the UK, (b) Stockport metropolitan borough, (c) Tameside metropolitan borough and (d) Denton and Reddish constituency in the most recent period for which figures are available. I am replying in her absence. (84083)

We are unable to provide levels of personal debt by region.

The total amount of personal debt in the UK in 2005 (end-year) is £1,275,740 million.

The estimate for total personal debt is a national accounts series for the combined household and non-profit institutions serving households (NPISH) sectors. Estimates for households alone are not available. NPISIIs are legal entities which are principally engaged in the production of non-market services for households and whose main resources are voluntary contributions by households. For example, charities; relief and aid organisations; educational establishments; trade unions, professional associations, political parties and religious organisations, and sports clubs and associations.

Further data are available from table A64 in United Kingdom Economic Accounts which is available at the following address:

Note: When using Table 64 of United Kingdom Economic Accounts (web link given below) the database identifier is NNPP

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=1904&Pos=&ColRank=1&Rank=422