One in four households are getting deeper into debt

This is exactly what the Conservative Party wants. Tory policy ever since returning to office in 2010 has been to transfer public debt into private hands.

It confirms the effect of the changes Debbie Abrahams identified in her letter to new Work and Pensions Secretary Esther McVey:

“More and more people, in work and out of work, are living in poverty… but instead of getting the support that they need, they are being driven to destitution as a result of the decimation of the social security safety net by your Government… Your policies are hurting the people they should help most.”

https://voxpoliticalonline.com/2018/01/16/tory-policies-in-action-one-in-four-households-are-getting-deeper-into-debt/