Scots can look forward to celebrating '˜debt-free birthday' at 58

By The Newsroom

Published 3rd Feb 2016, 11:24 BST

Updated 3rd Feb 2016, 11:27 BST

Scots can expect to become debt-free by the age of 58, a report has found.

The average Briton, meanwhile, can expect to be clear of their debts – including mortgages – by the time they are 69.

The report was compiled by economics consultancy the Centre for Economics and Business Research (Cebr), which compared people’s expectations in a survey of more than 2,000 people with the Office for National Statistics (ONS).