Londoners Have Biggest Debt Shocker

By Lindsey Last edited 134 months ago
Londoners Have Biggest Debt Shocker

Londoners officially have the biggest debts in the UK according to a survey by credit agency, Callcredit. We're borrowing "above average levels despite the credit crunch".

Hardly surprising, is it? We live in the most expensive city in the world with the most expensive restaurants, property and diamond encrusted skulls.

Salaries just can't keep up with the cost of living in London. Heck, we're so skint we're even trying to get a refund on our Travelcards from the last tube strike days (and not getting anywhere).

Thankfully, Londonist sympathises with the financial pressures inevitable for us all in this town. Why else would we bring you London on the Cheap on a semi regular basis and let you know about free Halloween parties? Come along to our party on Thursday and we'll chuck you a free badge too. It won't help much and you'll spend money you haven't really got on beer but, my word, it'll make you feel better!

Image courtesy of Daveybot's Flickrstream.

Last Updated 23 October 2007