it was 15% for about 2 hours IIRC on the day of the crash. I was working at The Brit that day and when I told some business men they actually got up straight away and left mid meal.
The reality is teh man on teh street has 'felt' wealthy and had money and goods to show for it, problem is its all actually just held in debts and never never.
Quote:
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Total UK personal debt at the end of April 2010 stood at £1,460bn. The twelve-month growth was 0.8%. Individuals owe more than what the whole country produces in a year.
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(Their bold)
so you haven't really had all this money Mancie its just waiting to come and bite you on teh arse. The reality is that the old goverment encouraged you to spend spend spend....