Inheritance tax is toxic. We need new ways to tackle inequality
I can see the side where `death taxes` should be high … so as to start each generation off at a similar place … but, I also can see that most of the world don’t see that far.
Top comments –
UK household debt now a record £13,000, says TUC
According to the ONS, total unsecured debt hit an all-time high of £349bn at that point.
The TUC divided that number by the total number of households in the UK.
However, its figures are inflated by the inclusion of student loans, which have increased rapidly over the last couple of years.
No one can afford to stop the new consumer credit crisis
The Bank of England is too complacent about rising debt in households with stagnant incomes. But government dare not risk any slowdown in spending