Here are the private debt ratios from the Q2 2015 data are as follows:
Relative deleveraging is ongoing, but the trend is for corporates to deleverage and households to slowly ramp up debt. Total debt is still hovering around the £6.5tn mark where it has been for a year now.
Will this turn into a house of (credit) cards?
Source: Office of National Statistics. Private sector debt based on tables NLBC, NKZA, NNQC, NNRE, NNXM, NNWK, NLSY, NLUA, NJCS and NJBQ (Lending and securities per sector, not seasonally adjusted) scaled by BKTL (Gross domestic product at market prices, not seasonally adjusted). Data and calculations are available online