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Evening Standard

Business

Simon English and Daniel O'Boyle

SHOCKING: Consumers drowning in debt as inflation bites - You Need To See This

Office for National Statistics Inflation Covid-19 Pandemic AJ Bell

Hard-up consumers are in danger of drowning in a sea of debt, relying on loans to pay for everyday bills as inflation rages and interest rates head higher.

Figures from the Bank of England, AJ Bell and Fluro show mortgage, credit card, student loans and other debt has rocketed since Covid ended (see table).

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