Wednesday, Jan 03, 2007
Debt chickens come home to roost
BBC News: Insolvency risk from festive debt
Overspending over the festive period will force 10,000 people to declare themselves insolvent in the next few months, say accountants Grant Thornton.
The firm predicts that before April, there will be 30,000 personal insolvencies in the UK.
It blames the increasing trend on greater borrowing and spending, higher interest rates and big utility bills.....
Posted by archie @ 09:55 AM (155 views) Add Comment
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