Please find attached a short summary of R3’s latest personal debt research, which finds that the majority of British adults are either unconcerned or looking forward to an interest rate rise of one percentage point or more in the next 18 months.
Key findings
31% of British adults say an interest rate rise of one percentage point or more in the next 18 months would make them a little better off, or more better off.
A quarter (25%) of British adults say an interest rate rise would make them a little financially worse off, or worse.
34% of British adults say an interest rate rise would make no difference to them financially.
58% of over 65 year olds say they would be at least a little better off, compared to only 17% of 35-44 year olds.
Fewer people say they are worried about their level of debt and fewer people say they are struggling to payday than four months ago.
We do have regional data available so please get in touch if you would like more information.
Kind regards,
Alex
Alex Green-Wilkes
Public Affairs & Policy Officer
R3 - Association of Business Recovery Professionals
8th Floor, 120 Aldersgate Street, London EC1A 4JQ
t: 020 7566 4220
m: 07917 336 096
e: Alex.Green-Wilkes@r3.org.uk
www.r3.org.uk
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