KPMG expects official bankruptcy figures to top 18,500 people in Engalnd and
Wales for the three months to March, 500 more than in the previous quarter.
The number of bankruptcies rose each quarter during 2008, and KPMG expects
the trend to continue until there are 150,000 people in bankruptcy by the end of
The figures, to be released by the Insolvency Service today, include those
who take out an individual voluntary agreement, under which interest on debt is
frozen in exchange for a set amount being repaid each month,
Next quearter, the insolvency numbers will for the first time include those
who take out Debt Relief Orders, which are available to those with debts less
than £15,000 who seek to avoid a court bankruptcy ruling.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies