Debt
When You Run Out Of Cash Stop Spending
Another year is heading to a close and, as always, this makes us look back to see what has occurred throughout the year and the story of the year is probably the same story as it was last year. The banks, bankers bonuses and the taxpayer support for the banks.
Unfortunately we have no say in [...]
Sack The Bankers And Clean Up The Debt Industry
In my travels across the web today a couple of articles attracted my attention. The first, from the BBC website which is reporting how Lorn Myners reacted to the board of RBS reporting that they might all resign en mass if the government, as the largest shareholder, insists they should not pay out £1.5 billion [...]
Has Quantitive Easing Helped Ordinary Families?
The insolvency service have released figures for the third quarter of 2009 showing that 35,242 individuals became insolvent in this period which is a rise of 28% on the same period in 2008.
These figures represent 18,347 bankruptcies (up 20.9%), 12,390 Individual Voluntary Arrangements (up 27.4%) and 4,505 Debt Relief Orders which were introduced this year.
Many [...]
