Why is the UK falling back in love with credit cards?
Rising unemployment and record consumer debt do not tell the whole story
Rising unemployment and record consumer debt do not tell the whole story

The pieces are falling into place, but are not quite there yet

The increase is not wholly driven by job cuts and a rise in labour supply is a net positive for businesses

Totals for both September and first half of financial year are highest since 2020

If Britain is serious about growth, it needs strong lenders with the capacity to reinvest in financing the economy

Investing more into roads will only mean higher economic returns for the UK

UK lenders have hit post-crisis highs, which has generated anxiety over a potential tax raid