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 windowTwitter page opens in new window
  • Home
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
  • Our Process
  • Resources
  • FAQ
  • More ↓
    • About Us
    • Instructional Videos
    • Tools
    • Media
    • News
  • Contact
1300 844 350
  • Home
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
  • Our Process
  • Resources
  • 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

Beau Homes goes into liquidation
May 9, 2025
Regulating Fraudulent Use of the Corporate Form
May 6, 2025
Aussie Plant Based Co. acquired by Smart Foods, production resumes
May 4, 2025
Socceroo star Steve Horvat’s family company pushed into liquidation on the eve of Western United heading into A-League finals
May 2, 2025
Perth’s biggest event lighting company in liquidation after being decimated by the pandemic
April 30, 2025
Modco co-founder’s entity in liquidation
April 29, 2025

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