Bradford debts ‘are continuing’
Personal debt problems - including those created on personal loans - in the Bradford area are increasing as people struggle during harder economic times, it has been revealed.
According to Citizens Advice Bureau, the level of debt there has hit £15 million, with the cost of everyday life exacerbating matters, reports the Telegraph and Argus.
In response to the findings, supermarkets in the region stated that they will be looking to lower prices in an effort to help out stretched consumers.
Group trading director at Morrisons Martyn Jones argued that people can save "millions of pounds" thanks to cut prices.
"This is about the bigger picture - offering our shoppers great all-year-round value across the whole weekly shop," he told the news source.
The Consumer Credit Counselling Service stated that it would "welcome" any changes as these could have a positive impact on individual's finances.
In recent times the Conservative Party has said that it will look to reduce the large-scale debt racked up by British consumers.
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