UK debt to ‘cost each family £4k’

Paying off Britain’s massive debt will cost every family £4,000 a year, Gordon Brown was warned last night.

Bankruptcies soar as 150 people a day are going broke

Almost 150 people a day are going bust as alarming figures reveal the human tragedy behind the credit crunch.

Public borrowing could reach £5,000 per household after Darling pledges: ‘I’ll spend my way out of the recession’

Government borrowing could hit nearly £5,000 per household within three years, alarming forecasts showed yesterday.