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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Debt and stress `leading to health problems`

02/08/2007

A combination of high levels of debt and stress at work have been leading to an increase in mental health problems, it has been suggested.

Welsh secretary of the British Medical Association Dr Richard Lewis told the Western Mail that such health complications occur "inevitably" from these factors.

"A combination of increased stress in the workplace and private lives, with the accumulation of debt and worry about debt, will lead to increased anxiety and mental health-related illnesses," he remarked.

His comments come after new figures from the Association of Business Recovery Professionals reveal that the average Briton owes £9,455 on credit cards, loans and overdrafts.

Derek Walker, head of policy and campaigns for Wales TUC, suggested to the publication that low salaries could play a part in rising debt problems.

The Bank of England`s monetary policy committee is due to decide today (August 2nd) whether it will increase interest rates.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according