Almost 30,000 individuals are set to become insolvent in the first quarter of
2007, almost 10,000 of them as a result of excessive Christmas spending,
Grant Thornton has said.
There were a record number of personal insolvencies in 2006, set to hit
for the first time ever.
Gerrard, head of GT’s personal insolvency practice, said: ‘I think
insolvencies will carry on rising for a while yet, although they may well start
to plateau at the end of this year. Some people have been struggling with debts
for a while and excessive spending at Christmas could push them over the edge.’
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte
Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud by the Serious Fraud Office in relation to a £263m accounting scandal at the retailer.
Deloitte chief executive David Sproul is among 11 chief executives to take part in global executive search firm Odgers Berndtson’s CEO for a Day scheme