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LATEST NEWS & EVENTS Brits borrowing again, study shows  The threat of personal insolvency could be increasing for some Britons, as figures have shown many are returning to borrowing. According to unbiased.co.uk, consumers became more aware of debt problems at the end of 2008 and began to reduce what they owed. However, the amount taken out was shown to have risen over the course of 2009, with Brits borrowing 62p for every £1 saved. Chief executive of the site Karen Barrett warned that the situation does not look likely to improve this year, despite the fact that the economy is yet to fully recover. "While we may be officially out of recession, these latest figures highlight that consumers are back behaving as they did before the onset of the credit crunch," she said. Meanwhile, Credit Action statistics have indicated that the average household now owes nearly £9,000 - although the level rises to more than £58,000 if mortgages are included. Rick Munro, head of corporate recovery and insolvency at Lamport Bassitt, said: "Although 'green shoots' are appearing in the economy there is no room for complacency. "It is important that anyone who is worried about their finances seek advice as early as possible." 
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