Other news

APNs and advising your clients

12th June 2018
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

Credit Control – Getting in the cash (cheque or direct debit…..)

23rd May 2018
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

There’s too much month left at the end of the money!

8th May 2018
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

VVA’s Viable Voluntary Arrangements

29th March 2018
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

News archive

Contact Dodd Rescue...

*

*


Appointment venue



News

Share this story

Insolvencies on the rise

The number of people who became insolvent jumped by 9.4% in 2017 – the second year running that figures rose. In total, 99,196 individuals were declared insolvent in England and Wales, up from 90,657 in 2016. The number of Individual Voluntary Arrangements (IVAs) rose to a record level of 59,220 – an increase of nearly 20% on 2016. Company insolvencies also rose – by 4.2%. In total 17,243 firms in England and Wales went bust in 2017, the Insolvency Service said. Duncan Swift, deputy vice-president of R3, said: “Inflation has eaten into many firms’ margins thanks to rising input costs on the one hand and with customers proving somewhat reluctant to stomach higher prices on the other.”

The Daily Telegraph, Business, Page: 31   The Times, Page: 52   The Guardian, Page: 43   Daily Mail, Page: 109

Source: The Morning Account

 

Speak Your Mind

*

*