The personal insolvency group said that while indebtedness among public sector workers had risen due to the squeeze on living standards from stagnant pay and inflation, police officers, firefighters and paramedics had seen the sharpest increases in their debts.
Creditfix said that the average emergency services worker with debts saw them rise from £11,043 at the start of the year to £15,961 by the end of March.
That compares to the 7.3 per cent or £764.15 increase experienced by nurses, who owed on average £11,187.09 each.
Unsecured debts among teachers rose from £12,830.96 to £13,506.31, but fell for members of the armed forces, where average debt levels fell by 15.8 per cent to £9,262.31.
Creditfix director Andy Taylor said: It is difficul…
Read the full article at: https://www.express.co.uk/finance/city/949692/finance-latest-personal-insolvency-public-sector-workers-debts