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Islington revealed as personal debt hotspot

Islington is one of the UK's personal debt hotspots, new figures have revealed. Credit: PA Wire

Islington has one of the highest levels of personal loan debt per head in Britain, according to new figures.

The postcode sector of EC1V 2 in London, which covers Islington in north London, has the second highest level of personal debt per head at £2,188 putting it just behind Bath in the list.

The figures, released jointly by the British Bankers' Association (BBA) and the Council of Mortgage Lenders (CML), also revealed that one quarter of Britain's £897 billion mortgage debt is owed by people in London.