Money, money, money
Fiona Jack and Greig BurnsideGreen Light International, United Kingdom
SETTING THE SCENE: DEBT IN THE UNITED KINGDOM AND IRELAND
Britons now owe more than £1.1 trillion on credit cards, loans and mortgages, making them one of the most indebted nations in the world (creditaction. org, 1 September 2005). Britain's personal debt is increasing by £1 million every four minutes. Average household debt in the United Kingdom is £45,085 and every man, woman and child in the United Kingdom is £18,611 in debt. Average consumer borrowing via credit cards, motor and retail finance deals, overdrafts...