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Restaurant spending still strong as Britons experience 'debt denial'

Many Britons continue to spend big on eating out - even though they are in debt.Debt Free Direct said today that people are proving reluctant to give up patronising restaurants, despite the credit crunch.The UK economy is widely predicted to go into recession by the end of the year.Meanwhile, inflation is also at a 16-year high of 4.7 per cent.Derek Oakley, operations director at Debt Free Direct, said: "Debt is widespread throughout the UK, including London. People become concerned when their debt becomes unmanageable and they are unable to meet their financial obligations."We urge customers to act quickly to start to address their debt problem, even though this can sometimes feel uncomfortable and perhaps frightening."He added: "Those people who continue to purchase luxuries such as restaurant meals while in serious debt are perhaps those people who haven't yet faced up to their financial situation. Recognising a debt problem is the first step to dealing with it."According to charity Credit Action, the total level of personal debt in the UK stands at around £1.4 trillion.

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