Household debt has almost doubled in the last decade as more families struggle to pay their rent or mortgage, the Centre for Social Justice has warned.
The think tank - founded by the Work and Pensions Secretary Iain Duncan Smith - said British households now owe an average of £54,000, an increase from £29,000 a decade ago.
The study also found households in the poorest 10% of the country have average debts more than four times their annual income, with their average debt repayments amounting to nearly half their gross monthly income.
More top news
Ridge of high pressure will bring a short period of bright and sunny weather for many tomorrow, however later rain will arrive from the west
Almost three years after the so-called 'Trojan Horse' controversy, a leaked letter obtained by News at Ten reveals concerns remain.
Hundreds of thousands of Rohingyas fled persecution. Now they face being sent to a remote uninhabited island that floods half the year.