The average UK income doesn’t leave much behind at the end of the week
It is interesting to see how British people spend their money. Especially given the economic situation that is producing a rash of bad credit, secured loans , UK these days. A study of data collected by the Office for National Statistics, and answers from 4,200 people spoken to by researchers from financial comparison web site Uswitch, has shown the average income in the UK is £2,607. Of that, £1,229 goes on essentials, £865 on non-essentials and £356 repaying debt. That leaves just £157. Not a lot to go on, I would have thought. I just hope that most of us are careful about what we consider ‘essentials’.