UK households lose feelgood factor amid rising debt – ONS

Benefits from parts of economy that are performing strongly are not being felt by all

British households have grown more pessimistic about the state of the economy and their own personal finances, according to official figures, amid rising debt levels and faster income growth for the richest in society.

Pulling together an assessment of personal and economic wellbeing data for the first time, the Office for National Statistics said the benefits from parts of the British economy that were performing strongly were not being felt by all.