According to a new study by ViFi UK Finance Team, the area in Cheshire topped the list for unmanageable debt, recording the highest rates of insolvency, debt relief orders, and breathing space registrations.
Halton scored 8.57 out of 10 on the study’s debt index—more than three times the national average of 2.78.
Ben Steele, founder of ViFi UK Finance Team, said: “The data shows a concerning picture of debt inequality across different regions of the UK, with certain areas facing significantly higher levels of financial distress than others.
“The high rates of insolvencies and debt relief orders in places like Halton and Blackpool highlight how the aftermath of the cost-of-living crisis is still being felt acutely in…