Debtors ‘hampered’ by council tax

The amount of council tax charged to UK residents has doubled since Labour came to power in 1997, which may have had a hand in the debt management problems of many in the country.

According to the Daily Mail, the total amount collected for this tax was £10 billion but this has now climbed to over £21 billion, with some areas – including the City of London – seeing rises of 131 per cent in bills.

By 2010, the typical amount per month could reach £120, which many are saying is evidence of council rates being increasingly used as a stealth tax by Labour.

Conservative spokeswoman Caroline Spelman was quoted by the news source as saying that these figures will create “understandable fury”.

This comes after Martin Lewis of Moneysupermarket.com recently advised those in debt to rethink their spending in order to prevent financial indiscipline by implementing money mantras that are designed to check impulses.

By Sarah Adie