The evidence that the UK is heading for a nasty downturn grows by the day

Posted on

As the Guardian notes this morning:

Nearly 300,000 debt judgments were filed against individuals in English and Welsh county courts in the first three months of 2017, the highest quarterly figure for more than 10 years.

Figures from the Registry Trust show a 35% rise compared with the first quarter of last year in county court judgments (CCJs) against borrowers who found themselves unable to pay their debts.

The evidence that the UK is heading for a nasty downturn grows by the day. And people  will be voting to make it worse.