Whoopee! What a great budget for the debt management industry

OK – I’m being cynical. And, I actually think that yesterday’s budget was pretty firm-but-fair: But, we are all familiar with the law of unintended consequences – and I think there may be one here. I believe that the VAT rise has a very good chance of creating, in 18 to 24 months time, a big increase in the number of people who can’t pay their debts.