Laura Sharman 23 April 2020

Report uncovers high debt levels in Northern England and Wales

Report uncovers high debt levels in Northern England and Wales image

People living in large cities and towns in Northern England and Wales have the most debt and will be hit hardest by a post-Covid economic downturn, research has found.

Centre for Cities has mapped debt levels in England and Wales for the first time.

The research discovered that those in Northern England and Wales have the highest level of debt relative to their incomes, owing £1 for every £5 they earn.

Meanwhile those living in Oxford and Cambridge owe just 35p for every £5 they earn.

Centre for Cities chief executive, Andrew Carter, said: ‘To avoid people without a decent financial cushion falling into severe hardship, lenders should continue to offer relief to those in debt, and the Government should reduce the wait time for the first Universal Credit payment down from five weeks.

’Failure to support people with high levels of debt during this crisis will have a broader negative impact on the local economies of places where people are indebted – particularly those in Northern England and Wales.’

Overcoming the barriers to Commercial Card use image

Overcoming the barriers to Commercial Card use

Want to reap the benefits of Commercial Cards but coming up against some challenges? James Sykes, Head of Commercial Cards, Lloyds Bank and David Legg, Head of Corporate Card Products, Lloyds Bank, discuss how the payments industry is helping organisations unlock their true value.
SIGN UP
For your free daily news bulletin
Highways jobs

Traffic Enforcement Manager

Haringey London Borough Council
£40,869 - £43,860
As part of a major service transformation, Haringey is seeking to recruit to a new number of new positions. Haringey, London (Greater)
Recuriter: Haringey London Borough Council

Team Manager – Assessment (Children’s Services)

Haringey London Borough Council
£50,826 - £53,928
We are investing in creating a better borough for all our residents and bettering the lives of... Haringey, London (Greater)
Recuriter: Haringey London Borough Council

Chief Fire Officer / Chief Executive

Avon Fire & Rescue
 £148,238 per annum
The new CFO/CE will need to demonstrate a clear understanding of the issues facing the Fire and Rescue Service - both within... North Somerset
Recuriter: Avon Fire & Rescue

Refuse Driver

Royal Borough of Greenwich
£30032 - £31610 per annum + (amount shown is salary plus allowances)
Refuse Driver (LGV Chargehand Driver)(starting total pay of £30,032 - this is made up of the base grade salary plus contractual overtime and allowance England, London, Woolwich
Recuriter: Royal Borough of Greenwich

Corporate Director (Environment, Communities & Leisure)

Gedling Borough Council
Up to £83,424 (pay award pending)
As one of our two Corporate Directors reporting to the Chief Executive to form our Senior Leadership Team your... Gedling, Nottingham
Recuriter: Gedling Borough Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue