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- Title
The financial position of British households: evidence from the 2013 NMG Consulting survey.
- Authors
Bunn, Philip; Rostom, May; Domit, Silvia; Worrow, Nicola; Piscitelli, Laura
- Abstract
The article reports on an annual survey conducted by NMG Consulting on the household finances on behalf of the Bank of England in Great Britain as of November 2014. Topics discussed include increase in the stock of household debt, reasons behind concerns toward the debt and impact of rise in interest rates on debt-servicing costs for households. Also mentioned is the methodolgy of conducting the survey.
- Subjects
UNITED Kingdom; HOUSEHOLD budgets; HOUSEHOLD surveys; BANK of England; CONSUMER credit; INTEREST rates; NMG Consulting (Company)
- Publication
Bank of England Quarterly Bulletin, 2013, Vol 53, Issue 4, p351
- ISSN
0005-5166
- Publication type
Article