Manchester is Britain’s Debt Capital

According to ITV’s documentary Repossession Repossession Repossession (to be shown tonight at 10.35pm on ITV1) the northern city is where the highest percentage of those with serious debts and facing repossession, can be found.
The programme will claim that 29% of households in Manchester are facing serious financial problems and possibly home repossession.
Fuelled by easy credit [...]

BBC Puts HSBC in Spotlight Over Aggressive Loan Tactics

From BBC News today
Banks ‘prey on customers in debt’

Some people are agreeing to make payments they cannot afford
Banks are being accused of pressurising customers who have financial problems to take out expensive loans to try to ease their debts, the BBC has learned.
Some banks are repeatedly telephoning customers to try to get them to take [...]