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Realistbear

Dramatic Surge In Repossessions And Bankruptcy

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http://www.abcmoney.co.uk/news/0420061866.htm

The data from the department of trade and industry showed that company liquidations fell by 5.5 per cent on the quarter but were still
up 8.5 per cent on a year earlier
to 3,187. But for 2005 as a whole, 2,257
companies in England and Wales hired administrators, an increase of 41 per cent from 2004
.

41% increase in Companies in trouble and the economy has only just begun to turn sour. Little wonder unemployment is starting to gather pace.

HPC 2006.

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Good find. Too bad it's not being reported here.

Or pretty much anywhere. You would think that a 40% YoY increase in companies going into admin. would merit the BBC business section... but no.

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Guest Bart of Darkness

Or pretty much anywhere. You would think that a 40% YoY increase in companies going into admin. would merit the BBC business section... but no.

Has Jade Goody or Jordan been doing anything interesting lately though?

Remember, on such "news heavy" days, the Beeb have to prioritize!

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41% increase in Companies in trouble and the economy has only just begun to turn sour. Little wonder unemployment is starting to gather pace.

I the local paper (Southern Reportere) there was an interview with a bod from a debt counciling agency. He was asking for volunteers are they are currently overwhelemd by the number people contacting them.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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