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House repossessions rise 5% amid debt crisis

BRITAIN soaring debt crisis was thrown into the spotlight yesterday following revelations that house repossessions were on the up.

Council of Mortgage Lenders s(CML) data revealed that 6,400 repossessions took place in the first quarter of 2014, a 4.9 per cent increase compared with the fourth quarter of 2013.

And further evidence of a cost-of-living crisis emerged from a Children’s Society survey released yesterday.

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