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Bankruptcy Advice Firm's Shares Go Up Up And Away

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LONDON (AFX) - Debt advice firm Debt Free Direct Group PLC said annual
profits will beat the consensus analyst forecast, crediting robust trading over
the first nine months of the financial year.
By 2.00 pm, DFD shares were up 4.13 pct at 315-1/2 pence, valuing the
company at about 117 mln stg.
The stock has more than doubled in price
since the
end of January 2005, buoyed by expectations that DFD will benefit from mounting
consumer debt problems as economic growth slows.
Further evidence of the UK's growing debt burden came last week when the
Department of Trade and Industry said there were 20,461 personal bankruptcies in
England and Wales during the final quarter of 2005, a 57.1 pct increase on the
same period a year earlier.

Another sign folks, another sign. :D

Edited by Realistbear

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  • 333 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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