More than a quarter of small businesses believe they will become insolvent if the economy suffers a double dip recession, a study has suggested.

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People in Britain may find themselves faced with bankruptcy unwittingly, as the government has introduced an online scheme that will allow those with large debts to file for insolvency without going to court. This move is a concern for those…

Personal insolvencies in the north-west of the country look set to rise in the coming year, as new research has revealed that bankruptcy and individual voluntary agreement figures for the region are up from 2008’s. The study, conducted by RSM…

Britons who are unemployed and living under the threat of debt may be cheered by the news that a small rise in the number of employment opportunities has been seen. The latest figures from the Office for National Statistics reveal…

Personal insolvencies may increase as a result of Christmas spending – and continue to climb throughout 2010 – one industry expert has claimed. According to the founder of financial blog MoneyStand.co.uk, Matt Spencer, many families in the UK will be…

Directgov – the nation’s official website – has announced that it is to help those in debt improve their financial management through posting up-to-date, relevant and impartial information that is simple to understand on its site. Amassing data from HM…

Those in debt have been advised that the secret to financial wellbeing is to “live within your means”. This is according to agony uncle The Credit Guy, or Todd Ossenfort, who advises people for website Creditcards.com. He suggested to one…

The option of bankruptcy for those struggling with debt management should be considered a last resort, the government has said. Following proposals to allow people to submit bankruptcy applications online or by post as opposed to in court, Minister for…