A lack of travel insurance could leave Britons facing bankruptcy should they suffer a mishap while abroad, it has been warned. Frances Tuke of the Association of British Travel Agents (ABTA) tells the BBC of the costs which could emerge…
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Statistics for quarter two of 2008 – April, May and June – show a decrease in individual bankruptcies and Individual Voluntary Arrangements (IVAs) (IVAs
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The British automotive industry has experienced its highest number of insolvencies since 2001, financial information provider Experian has said. Some 134 insolvencies have been recorded so far this year in the industry, including 72 in the second quarter. The figure…
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An increasing number of British women are aiming to become financially independent of their parents or a partner, according to a new study. Many thousands of women are struggling to become debt free and almost one in five are striving…
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An average British consumer has an unsecured debt management burden worth close to £4,900, according to the latest figures compiled by Credit Action. Borrowings secured through retail or motor finance deals, bank account overdrafts, credit cards or unsecured personal loans…
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Former pop star and reality TV regular Kerry Katona could face bankruptcy if she fails to resolve her current financial difficulties, according to reports. The 27-year-old was told during legal proceedings at the high court recently that unless she paid…
As many as one in three British consumers have confessed that hey are seriously concerned about the current state of the UK economy, it has emerged. Figures from the British Retail Consortium (BRC) show that a record number of people…
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A warning has been issued by the Office of Fair Trading (OFT) over the growing number of businesses trying to exploit the financial vulnerability of insolvent individuals around the country. The OFT reports that a number of companies have been…
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