The Bank of England just released their latest datapacks. One interesting view is the loss trends reported by Banks and Building Societies.
The chart (shown by value) highlights the significant issues in credit cards amongst the UK banks in 2010/2011, and by contrast shows the value of write-offs from dwellings has been lower and more stable.
Losses are more normalised now, showing the UK economy is beginning to heal. But a case study in what happens in a significant financial crisis to household write-offs, and the relative risks of secured and unsecured lending.
