Wednesday, 19 November 2008

Financial Debts

THE postal region with Britain’s biggest financial debts is East London, a survey has found.

The E1 to E17 postcodes have been identified collectively as the most debt-heavy in the country, according to a report by Callcredit reference agency.

The agency assessed debt ‘status’ across the country, evaluating census data, age, property class and income as well as debt data.

Those with ‘East London’ postcodes were most heavily in the red, contrasting with the neighbouring EC1 to EC4 City financial district topping the poll as the country’s least-indebted area.

The East London region stretches from deprived districts like E1 Whitechapel to affluent leafy suburbs such as E4 Chingford.

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