The burden is expected to shoot up to £151 billion by 2026, according to a tax and spending watchdog Household debt in the UK will rise from the current level of £73 billion ($92 billion) to $190 billion in 2026, the Office for Budget Responsibility (OBR) reported this week. The increase means the average debt load per household will surge to the equivalent of around $6,700. According to the forecast, the cost of paying back the debt will be some $63 billion higher than it was during the 2008 financial crisis. People will be forced to shell out an extra $289 per month by 2026, compared with $50 that the average e
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