Based on the latest available data, Credit Action estimates that every day in the UK:
- 314 people are declared insolvent or bankrupt every day (based on Q1 2012 trends). This is equivalent to 1 person every 63 seconds during each working day.
- 1,473 Consumer County Court Judgements (CCJs) are issued every day (based on Q4 2011 trends). The average value of a Consumer CCJ in Q4 2011 was £2,949.
- Citizens Advice Bureaux in England and Wales dealt with 8,518 new debt problems every working day during the year ending December 2011.
- It costs an average of £28.44 per day to raise a child from birth to the age of 21.
- 93 properties are repossessed every day (based on Q4 2011 trends).
- 104 new people a day became unemployed for over 12 months during the year ending February 2012.
- 1,907 people a day reported they had become redundant between December 2011 and February 2012.
- The Government’s Public Sector Net Debt (including financial interventions) will fall by an average of £189,100,000 today, equivalent to £2,188 per second (based on March 2012 data).
- The Government pays an estimated £128,690,000 of interest each day on the UK’s Public Sector Net Debt of £2181.0bn (including financial interventions).
- 196 mortgage possession claims are issued and 149 mortgage possession orders are made every day
- 388 landlord possession claims are issued and 275 landlord possession orders are made every day.
- The UK population is growing by an estimated 1,342 people a day.
- 0.4m plastic card purchase transactions were made every day in February 2012 with a total value of £1.501 billion.
- 8.1m cash withdrawals will be made daily with a total value of £547m (based on Q4 2011 trends).
- The average car costs £18.33 per day to run.
- It cost £71.25 to fill a 50 litre tank with unleaded petrol in April.
The soul is a spiritual thing, riches are an earthly extract, and how can these fill a spiritual substance? How man does thirst after the world, but, alas, it falls short of his expectation. It cannot fill the hiatus and longing of his soul.” – Thomas Watson
“The poorest man I know is the man who has nothing but money.” – John D. Rockefeller