Household debt: statistics and impact on economy
This briefing provides statistics and forecasts for household debt, guidance on how to interpret debt statistics and analysis on how debt effects the economy.

This note summarises some of the key points relating to the LIBOR scandal. It looks at issues surrounding public inquiries and at the role and limitations of the FSA’s disciplinary powers.
LIBOR, Public Inquiries & FSA/FCA Disciplinary Powers (759 KB , PDF)
Barclays Bank, and others have been accused of trying to manipulate various LIBOR related interest rates after an investigation by UK and US regulators. Se ven institutions have now paid substantial fines. The Lloyds Banking Grouip has admitted REPO rate manipulation to reduce the cost, to it, of taxpayer support. The manipulation happened over a number of years by many people and for different reasons. There is a debate about what form a public inquiry into general banking matters might take and about the current limits to the FSA’s disciplinary powers.
LIBOR, Public Inquiries & FSA/FCA Disciplinary Powers (759 KB , PDF)
This briefing provides statistics and forecasts for household debt, guidance on how to interpret debt statistics and analysis on how debt effects the economy.
Since Russia’s invasion of Ukraine, the UK has applied sanctions and changed rules around visas and corporate transparency to counter Russian influence.
The Bank of England has tools to manage the failure of banks. This bill, which has its second reading in the Commons on 22 January 2025, would introduce a new tool to manage the failure of smaller banks.