Tuesday, January 03, 2006

Hello 2006


Well its here now - 2006. And what a start for people in Britain.

Firstly we ended the year in a bitter winter, then came in the new year and along with it some rather bad news.

For starters, the Independent today reported that after a binge spending spree over the festive period, the Britons are in debt to the tune of 1.13 trillion pounds.

The daily says that:
  • 66,000 people predicted to go bust this year;
  • Average household debt is £7,650 (exc. mortgage);
  • Two-thirds of EU credit card debt is British;
  • One in five students owes at least £15,000;
  • 40% of women keep debt secret from partners;
  • Half of all heavy debtors suffer from depression.

And if this is not enough, there is more bad news for Britons - rail fares have increased, making many to dub its as the richman's railway.

The government says the rise was necessary as the companies have put in much money to upgrade their trains, tracks and services.

Passenger groups are understandingly not happy at all.


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2 Comments:

Anonymous Anonymous said...

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William

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