Debt at UK 's public listed companies has soared to an all-time high of £ 390.7bn ($ 512.3bn ), up 69% from the debt low of the past three years , with most of the increase taking place over the past three years , according to the Link Asset Services UK debt monitor. “Total borrowing may continue to rise as it’s a vital part of the investment financing-mix, but gearing, or the burden of debt is on the wane. “The economic recovery since the credit crunch has been slow, but very long, and some commentators suggest the cycle may be drawing to a close", said Housebuilder Persimmon , CEO of the Link Asset Services .
Debt at UK 's public listed companies has soared to an all-time high of £ 390.7bn ($ 512.3bn ), up 69% from the debt low of the past three years , with most of the increase taking place over the past three years , according to the Link Asset Services UK debt monitor. “The economic recovery since the credit crunch has been slow, but very long, and some commentators suggest the cycle may be drawing to a close", said Housebuilder Persimmon , CEO of the Link Asset Services .