Ten years on, we’re getting into another debt crisis | Deborah Orr

The early signs of the 2007 credit crunch are back. With wages stalled and prices rising, more and more are turning to loans and plastic cards to make ends meetWe are 10 years on from the start of the financial crisis, and unsecured consumer debt has reached more than £200bn for the first time since 2008. It’s up 10%, year on year. The best that can be said of the matter, as compared to the pre-crash debt boom, is that at least there are worries about it.The Bank of England and the c