Average of £141 sat in unused “zombie” current accounts

Up to £1.2 billion could be sitting untouched in unused current accounts throughout the UK.

Over a third of Brits (37 per cent) have multiple accounts, but half of these people only use one of them on a day-to-day basis, according to a survey of 2,099 people in December published by Compare…

Total Individual Voluntary Arrangements increase for a sixth consecutive quarter: Q4 Insolvency Stats

The latest Insolvency Statistics – October – December 2016 (Q4 2016) published by the Insolvency Service show Individual Voluntary Arrangements (IVAs) increased for the sixth successive quarter. There were a total of 49,745 IVAs in 2016, although it fell short of…

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