The year is off to a turbulent start; both in the UK, and around the world. January saw oil prices plummeting, while Chinese growth slowed, spooking investors (but surprising none). But amid the turmoil and confusion of global stock markets, there are a few economic trends which look set to hold sway throughout 2016. Heres…
DetailsThe number of people whose financial situation was so bad that they became insolvent in 2015 is expected to be at its lowest levels in a decade in official figures released on Friday. Creditor services firm RSM predicts that across England and Wales, the Insolvency Service’s figures will show there were around 80,000 personal insolvencies…
DetailsBY YVONNE SELCERGUEST COLUMNIST As I knock on doors to find out what issues are important to our community members, crushing student debt is a big issue I hear about with unfortunate frequency. This issue continues to heavily impact many Minnesotans, not just current college students and graduates, but parents and high school students looking…
DetailsRSM expects the volume of Debt Relief Orders (DROs) for the fourth quarter of 2015 to have risen by 16%, while bankruptcies are down. Data complied by RSM suggests that the Insolvency Service will announce tomorrow (29 January) that there were around 20,000 personal insolvencies in England and Wales in the final quarter of 2015.…
DetailsFORMER Scotland star Duncan Ferguson has gone bust, it emerged yesterday. Big Dunc, who is now a first team coach at Everton, was declared bankrupt at the High Court. The former Scotland striker was watching from the bench for the teams Capital One Cup semi-final defeat to Manchester City last night. But hours earlier it…
DetailsSAN DIEGO (CNS) – Nineteen suspects were taken into custody today in San Diego, Los Angeles and Orange counties and several other U.S. cities in an investigation into an alleged international drug trafficking and illegal gambling ring led by a former University of Southern California athlete. The arrestees are among 22 people charged by a…
DetailsIts been on an uptrend for five years. Redundancies rose amidst business restructuring in 4Q15, according to a report by the Ministry of Manpower (MOM). There were 4,200 workers laid off during the quarter, which is higher than 4Q14s 3,910. Redundancies climbed to 14,400 in the whole of 2015, continuing an uptrend since 2010. MOM…
DetailsBY YVONNE SELCERGUEST COLUMNIST As I knock on doors to find out what issues are important to our community members, crushing student debt is a big issue I hear about with unfortunate frequency. This issue continues to heavily impact many Minnesotans, not just current college students and graduates, but parents and high school students looking…
DetailsA former boss of Claims Direct and chief executive of Shrewsbury Town FC has been declared bankrupt with debts of more than £22 million. Colin David Poole, who made millions when he floated the personal injury firm on the London Stock Exchange, owed £22.55 million to creditors, but has assets worth just £2, official documents…
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