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Britain's £2bn IOU

O www.---.com O X On Stride FINANCIAL BRITAIN'S £2BILLIONM IOU THE AVERAGE BRIT CURRENTLY OWES AND IS OWED £329 The UK racked up a debt of over £2 billion in the last year - made up entirely of money and items we've borrowed from friends, family and neighbours. Read on to find out which UK regions most honour their IOUS, whether men or women can claim to be more responsible borrowers, and what that kind of cash could buy you right now. SCROLL DOWN NORTH & SOUTH DIVIDE SOUTHERNERS ARE WILLING TO OFFER FOUR TIMES MORE NORTHERNERS TO A NEIGHBOUR 4X MORE On average, Southerners are willing to offer LENT SOUTHERNERS four times more to a neighbour, friend or family member than those the North LEND AMOUNT TO A NEIGHBOUR, FRIEND OR FAMILY + READ MORE THE LENDING DIVIDE IS £317 (NORTH) VERSUS £2,311 (SOUTH) The divide between what the South and the North would lend is largest when it comes to NORTH SOUTH friends - £317 (North) versus £2,311 (South) £317 £2,311 + READ MORE AVERAGE LENT TO FRIENDS AVERAGE LENT TO FRIENDS REGIONS REVEALED WOULDNT LEND MONEY WOULD LEND MONEY 88.1% EAST MIDLANDS YORKSHIRE & HUMBER 1 in 4 wouldn't lend money to a family member, the most of all UK regions. YORKSHIRE & HUMBER READ MORE 88.1% of people in Yorkshire & Humber would be willing to lend money to close family members. They are the most willing to help out their neighbour financially - contrary to stereotype. 8.40% READ MORE LONDON 5.88% EAST MIDLANDS WOULDNT LEND MONEY 4.14% EAST ANGLIA WOULD LEND MONEY LONDON London contains the most of the greedy with 96.3% 8.4% of people who would rather spend a NORTHERN IRELAND potential loan themselves. READ MORE NORTHERN IRELAND Northern Ireland (96.3%) are the most generous when lending money to a close family member. READ MORE GENDER FINDINGS Men VS Women Men are more inclined to let a loan Women want their possessions back slide than women - 11.77% wouldn't sooner than men. ask for their money/item back Men are more expectant of getting The longer an item has been their money back in the short term borrowed, the more likely it is that a than women woman has it than a man. On average men would lend almost Nearly half (47.95%) of women have three times more money to a friend kept something they borrowed for than a woman would. more than a year. DID YOU KNOW? Over a fifth of both men and women have had a disagreement with someone over a borrowed item - women narrowly edge this contest. MOST UNUSUAL ITEMS BRITONS HAVE ASKED TO BORROW ONE SHOE A HORSE YORKSHIRE PUDDINGS UNDERWEAR A WEDDING RING A WIG PICK AXE CRUCIFIX SOMEONES HUSBAND А СAT CLAIM BACK YOUR £329! LAST YEAR BRITONS LENT ON AVERAGE £329 TO A NEIGHBOUR, FRIEND OR FAMILY MEMBER. (AS MONEY OR IN ITEM VALUE.) HOLD ON TO YOUR LAWN MOWER, (AND UNDERWEAR?!) AND TAKE A LOOK AT WHAT ELSE AN AVERAGE SAVING OF £329 A YEAR COULD EARN YOU... 12 MONTH GYM MEMBERSHIP A FRIDGE FREEZER Based on an average cost of £26 per month, Stay cool with your brand new windfall and your £329 could buy you just over 12 months' invest in a top-of-the-line fridge freezer gym membership on a peak tariff! A PLAYSTATION 4 A VENICE CITY BREAK Now that you're not fretting over getting your Unwind in one of the world's most beautiful money back, unleash your pent-up frustrations destinations with three blissful nights in a on the virtual bad guys four-star hotel. Gondola not included £363.24 (IN 5 YEARS) BY PLACING YOUR INITIAL INVESTMENT INTO AN ISA WITH A 2% INTEREST RATE - AND ADDING NO MORE TO IT - IN FIVE YEARS YOU COULD SEE AN ADDITIONAL £34.24 ADDED TO THE BALANCE. TOTALLY WORTH IT. PRICES CORRECT AS OF JANUARY 2015 CONCLUSION WE CAN'T BE CERTAIN WHETHER OR NOT YOU CAN EXPECT TO SEE THAT HAIRDRYER RETURNED, BUT WHEN IT COMES TO LENDING, THE STATS DON'T LIE, BRITONS ARE A VERY GENEROUS BUNCH. fy in WHAT % OF A REGION WOULD LEND THEIR MONEY TO AVERAGE LENDING AMOUNT PER REGION REGION FAMILY FRIEND NEIGHBOUR REGION NEIGHBOUR FRIEND FAMILY East Anglia 81.07% 41.42% 11.24% East Anglia £55.92 £186.20 £2,254.45 East Midlands 75.74% 42.65% 10.29% East Midlands £49.19 £204.70 £2,777.98 London 87.79% 53.44% 14.89% London £131.88 £335.76 £3,941.38 North East 78.57% 57.14% 10.71% North East £52.65 £201.62 £2,372.44 North West 85.71% 50.00% 11.16% North West £78.93 £277.13 £2,414.55 Northern Ireland 96.30% 55.56% 16.52% Northern Ireland £72.83 £334.12 £1,773.75 Scotland 84.76% 54.27% 9.76% Scotland £48.46 £195.43 £1,956.57 South East 83.77% 47.92% 5.28% South East £39.30 £220.72 £7,163.75 South West 81.48% 43.92% 8.47% South West £71.40 £155.18 £2,422.63 Wales 85.86% 53.54% 16.16% Wales £107.37 £238.52 £13,623.37 West Midlands 83.33% 53.23% 15.05% West Midlands £141.04 £232.43 £1.924.35 Yorkshire and the Humber 88.10% 53.57% 16.67% Yorkshire and the Humber £301.24 £317.05 £2,614.07 WHAT IS THE MAXIMUM LENDING FOR MEN VS WOMEN REFERENCES GENDER FAMILY FRIEND NEIGHBOUR VIRGIN ACTIVE - FULL FLEXI MONTHLY - £56 Female £55.60 £245.06 £1,960.03 http://www.virginactive.co.uk/clubs/leeds-light-centre/memberships/personal Male £148.78 £1,559.04 £5,501.54 EXERCISE FOR LESS - PEAK - £14.99 http://www.xercise4less.co.uk/peak-gym-membership PURE GYM - PEAK - £18.99 https://www.puregym.com/join http://www.coopelectricalshop.co.uk/Beko-CFD6914APW-Frost- Free-Fridge-Freezer-in-White/id-BEK-FFR-CFD6914APW-w http://www.tesco.com/direct/playstation-4-console-ps4/599-1388.prd O Resources O About Us O Blog in m G------. NORTH VS SOUTH 0000000

Britain's £2bn IOU

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The UK racked up a debt of over £2 billion in the last year – made up entirely of money and items we’ve borrowed from friends, family and neighbours. This infographic demonstrates how that figur...

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