Skip to content
Insolvency Advisory Accountants
Insolvency Services & Bankruptcy Advice
Insolvency Advisory Accountants
Document Upload
Facebook page opens in new windowInstagram page opens in new windowX page opens in new window
  • Home
  • Insolvency Services
    • Company Liquidation
    • Voluntary Administration
    • Business Restructuring
    • Our Process
    • Resources
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
    • Director Penalty Notice Defence
  • FAQ
  • More ↓
    • About Us
    • Instructional Videos
    • Tools
    • Media
    • News
  • Contact
1300 844 350
  • Home
  • Insolvency Services
    • Company Liquidation
    • Voluntary Administration
    • Business Restructuring
    • Our Process
    • Resources
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
    • Director Penalty Notice Defence
  • FAQ
  • More ↓
    • About Us
    • Instructional Videos
    • Tools
    • Media
    • News
  • Contact

Business minister blames insolvency rise on ‘austerity’ – BBC News

BanknotesImage copyright
PA

Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies.

The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures.

Paul Wheelhouse claimed there was “no question” austerity had led to “more people suffering the anxiety and distress of insolvency”.

The Scottish Conservatives called on the Scottish government to do more to help people deal with personal debt.

Accountant in Bankruptcy (AiB), which administers the process of bankruptcy and records corporate insolvencies, said personal bankruptcies increased by 1…

Read the full article at: http://www.bbc.com/news/uk-scotland-scotland-business-40730958

Category: LiquidationBy Insolvency Advisory AccountantsJuly 26, 2017

Post navigation

PreviousPrevious post:Business minister blames insolvency rise on ‘austerity’ – BBC NewsNextNext post:Tupperware To Wind-down Beauticontrol Operations, Incur Restructuring Costs – Markets Insider

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Business minister blames insolvency rise on ‘austerity’ – BBC News

Business minister blames insolvency rise on ‘austerity’

  • 26 July 2017
  • From the section Scotland business

BanknotesImage copyright
PA

Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies.

The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures.

Paul Wheelhouse claimed there was “no question” austerity had led to “more people suf…

Read the full article at: http://www.bbc.co.uk/news/uk-scotland-scotland-business-40730958

Category: BankruptcyBy Insolvency Advisory AccountantsJuly 26, 2017

Post navigation

PreviousPrevious post:Court Confirms BCBG Comprehensive Restructuring Plan – PR Newswire (press release)NextNext post:Business minister blames insolvency rise on ‘austerity’ – BBC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Insolvency Advisory Accountants
Visit Home Page
© Insolvency Advisory Accountants. All Rights Reserved.

1300 844 350
  Disclaimer

Go to Top
Call Now Button