Friday 1 February 2019

Theos Report on Debt

The latest report from Theos has just been published:

Here are some paragraphs from the Theos website:

‘Over 16 million people in the UK have less than £100 in savings. Personal debt is now at 90% of GDP. Debt is clearly a serious economic issue – but it is also a profoundly moral one. How should we distribute the risks and responsibilities inherent in debt? How should we treat people with severe debt problems? Should there be limits on borrowing and rates of interest?

‘This report draws on the wealth of Christian thought on the subject to highlight the moral and relational dimensions of debt and suggest practical ways to address some of its problematic aspects at the personal, corporate, and public levels in the UK today.’

A pdf of the full report is available here.

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