Friday, Nov 03, 2006

Insolvency figures acceleration

BBC: Q&A: Rising insolvencies

What a surprise - the government's own Insolvency Service says there has been a sharp rise in the number of individuals being declared insolvent.

Posted by jimmytennor @ 09:35 AM (397 views)
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2 Comments

1. kpjcomp said...

>> How has that happened?
>> In essence, millions of people have been borrowing billions of pounds more on things like credit cards, overdrafts, bank loans and hire purchase agreements

Dear BBC, do you think that they might be people spending too much on mortgages too???

Friday, November 3, 2006 02:13PM Report Comment
 

2. jimmytennor said...

Indeed kpj - EXACTLY!

Friday, November 3, 2006 02:21PM Report Comment
 

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