More than 10 million working people in the UK have less than £ 100 ( $ 2000 ) in debt , while roughly 17 million people are unable to pay off their monthly credit card balances , according to a report by the Financial Conduct Authority ( FCA ) . " There is a huge crisis with personal debt that the government has ignored for far too long , " said former MP John Mann , a member of the Treasury Select Committee .
More than 16 million working people in the UK have less than £100 ($128) in savings, while roughly 17 million people are unable to pay off their monthly credit card balances, according to a report by the Financial Conduct Authority (FCA). "There is a huge crisis with personal debt that the government has ignored for far too long," said Labour MP John Mann, a member of the Treasury Select Committee.