Middlesbrough – Debt Management and Debt Advice

November 13, 2013 No Comments

Middlesbrough is a large town situated in the North of England on the south bank of the River Tees sitting within the county of North Yorkshire.

Middlesbrough forms part of a larger built up area of Teeside with an overall population of 376,333 based on the 2011 census.

The local council is Middlesbrough Borough Council.

The once-massive steel and iron industry here earned Middlesbrough the nickname Ironopolis, but substantial decline in the industry since the 1990s has forced the region to transition to a modern service economy, supported by light industry and distribution. Today, the public sector in Middlesbrough is one of the proportionately largest in the UK, and supports more than 42% of all local employees. The Middlesbrough Borough Council alone employs 12,000.

In 2012, unemployment was a significant problem for Middlesbrough, and more than 8% were out of work.

There are several famous persons that hail from Middlesbrough, one that most will recongnise is Wendy Richards (Eastenders and Are You Being Served), she was born in Middlesbrough in 1943 and sadly passed away in 2009.

Bob Mortimer born Robert Renwick Mortimer on 23rd May 1959 also came fromthe area. Most famous for his part in Shooting Stars and various other TV shows / appearances.

Middlesbrough offers a lot to see and do. From award-winning parks to internationally renowned art galleries and great facilties to go cycling and skating with the Prissick Plaza Skate Park, one of the biggest and best skate plazas in the region.

The Captain Cook Birthplace Museum allows you to discover why Captain James Cook is the world’s most famous navigator with our exploration into his early life, seafaring career and the legacy of his voyages.

There is the Dorman Museum, Middlesbrough Theatre, Rock Antics, Albert Park, Fairy Dell to name just a few of the attractions in the area.

£54,110 was the average household debt for people in the UK in July 2013 (including mortgage debt) acording to figures from Credit Action.

Average household debt in the UK (excluding mortgages) was £6,020 in August. This is up from a revised £6,007 in July.

Everyday in the UK 282 people are declared insolvent or bankrupt  (based on Q2 2013 trends). This is equivalent to one person every 5 minutes 7 seconds.

Humber Debt Solutions are committed to helping people in Middlesbrough cope with their debts, and the company offers a number of solutions tailored to each individual’s circumstances.

If you are struggling with debt, then debt consolidation through a Debt Management Plan or an IVA could be the answer.

To find out more, contact one of our friendly advisors today.