The staggering scale of Britain's debt mountain will become clear this week when top banks write off billions in bad loans and official insolvency figures show that more than 270 people are going bust every day.
HBoS, Lloyds TSB, Barclays and Royal Bank of Scotland are forecast to report bad-debt provisions of about £3.8bn over the […]
The lowest classes of society must pay through the nose to get cash out, due to a lack of non-fee-charging ATM's in the poorest areas, new research from charity the Citizens Advice Bureau (CAB) has found.
CAB has called on banks not to further reduce the amount of free cash machines in […]
The soaring cost of divorce is sending a growing number of people bankrupt , according to new figures.But it is more likely to be women coming out of a failed relationship who hit the most serious money problems, debt experts said. People hit by divorce and separation costs are more likely to end up seeking […]
Australian domain name scammer Bradley Norrish has declared himself bankrupt .
Bradley Norrish, along with business partner Chesley Rafferty, ran an outfit called UK Internet Registry, and three other firms, which sent 50,000 fake invoices to domain name holders in the UK during 2003. The information needed to mount the scam was obtained from a data […]
Jim Davidson, the comedian and light entertainer, has been declared bankrupt over an unpaid £700,000 tax bill.
Davidson, 52, said he no longer wished to play shows just to clear his debts, and had been forced into bankruptcy after HM Revenue and Customs refused his request for a break from payments.
"The tax man has, for reasons […]
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