The man known to TV sports fans as ‘Statto’ has been declared bankrupt by Manchester county court, it has been revealed. It is not known exactly how betting expert Statto, real name Angus Loughran, found himself in such serious debt…
As many as seven million British consumers are struggling to meet their debt repayment commitments, according to recent research. Figures compiled on behalf of accountancy firm KPMG show that almost one in four people around the country find it difficult…
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The number of people in the UK who opt to enter Individual Voluntary Arrangement (IVA) will increase over the course of 2008, it has been claimed. According to debt solution provider ClearDebt, an agreement on relevant protocols between the Insolvency…
The Conservative Party has blamed prime minister Gordon Brown for the rising level of personal bankruptcy in the UK, it has emerged. According to the Tories, it has been Mr Brown’s lack of competent management of the economy that has…
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The latest figures showing insolvency rates in the UK only demonstrate the tip of the iceberg that is the country’s debt management issues, it has been claimed. During the fourth quarter of last year, close to 25,000 people entered an…
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One Citizens Advice Bureau has reported a massive surge in the number of queries from people seeking debt help. Anne Bowen, manager of the Dorchester and district branch, made her comments to the Dorset Daily Echo, expressing concern that 2008…
Many families in the UK are not in a strong enough financial position to face the economic squeeze that is set to come in 2008, according to one MP. Phillip Hammond, a treasury spokesperson for the Conservative Party, has claimed…
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Pawnbrokers have seen record levels of trade in recent months as consumers struggle to become debt free, according to reports. Households are being hit by rising energy bills and a tightening of credit agreements, with many people resorting to selling…
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