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This is a normal post first issue that stands out for me is,
The comparing of average daily savings per person vs how many cash machine transactions per day, they are 2 different figures, 530 million is in smaller figures below, divide that by the current estimate for UK population (61.8 million) which I'd assme is how they have done all of their "average person" estimates. This gives a per person average of £12 per person.

372 people declared bankrupt ever day, or to put it another way, 0.0006% of the population, I'd hazzard a guess that its not mush more now than its ever been.

Also, I would like to know whether the averages are mean or median averages? Both will produce very different results, to get a true reading you would need to also work out exactly how many people owe money, even if its just a fiver overdrawn, then work out a true average from there.

I don'y deny that personal debt is a problem but to atribute it to any one individual (be that a political party or a person themselves) is a sweeping generalisation and not adressing any of the underlying issues.
(, Mon 14 Feb 2011, 13:28, , Reply)