Blackpool has the tenth highest insolvency rate in the country according to new figures which showed a rise nationally for the first time since 2007.
Seaside towns continued to be personal insolvency hotspots in 2016, while the lowest rates were in parts of London and the South East.
Torbay, Blackpool, Scarborough and Plymouth were among the areas with the highest personal insolvency rates last year, figures from the Insolvency Service show.
Blackpools insolvency rate was 34.6 pre 10,000 adults.
Fylde had a rate of 18.4 per 10,000, Wyres was 21.4, while Preston had a rate of 27.7 and South Ribble 18.4. Lancasters rate was 18.3, West Lancashires 24.1 and the Ribble Valleys was 16.4.
Mark Sands, chairman of trade association R3s…
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