Debt Lifestyle Condemned by Bishops

A number of bishops from the Church of England have aired their concern about the rising amount of personal debt, and partly hold the Government responsible for creating a “buy now, pay later” culture which, they believe, encourages many families to sink deeper and deeper into a debt lifestyle which is unaffordable.

The Bishop of Hulme, Right Reverend Stephen Lowe, stated: “The government isn’t telling people who are already deep in debt to stop overextending themselves, but instead is urging us to spend more… It is unfair and irresponsible of the government to put pressure on the public to spend in order to revive the economy.”

The Labour MP who represents the Church in Commons, Sir Stuart Bell, commented that these accusations were “nonsense.”