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Debts

Volume 488: debated on Tuesday 24 February 2009

To ask the Chancellor of the Duchy of Lancaster how much household debt there was in each (a) parliamentary constituency, (b) county and (c) Government office region in September (i) 2005, (ii) 2006, (iii) 2007 and (iv) 2008. (255852)

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply.

Letter from Karen Dunnell:

As National Statistician I have been asked to reply to your question on how much household debt there was in each (a) parliamentary constituency, (b) county and (c) Government region in September (i) 2005, (ii) 2006, (iii) 2007 and (iv) 2008. (255852)

In the UK National Accounts the most appropriate measure of household debt is the total financial liabilities of the Household and Non Profit Institutions Serving Households (NPISH) combined sector. It is not possible to split the sectors, NPISH includes for example, charities, trade unions and churches, their liabilities are small in relation to the total.

Data for the total financial liabilities of the Household and NPISH sector only exists at a UK national level. There is no breakdown available at a (a) parliamentary constituency, (b) county, or a (c) Government region level.

Total financial liabilities of the Household and NPISH sector

£ billion

September

2005

1,232

2006

1,372

2007

1,503

2008

1,568

Sources: United Kingdom Economic Accounts, Quarter 3 2008 www.statistics.gov.uk/statbase/Product.asp?vlnk=1904