The number of people going bust in 2009 could be so high they will be break
all records since the statistics began in 1960, according to predictions from
The firm believes personal insolvencies could go past the 150,000 mark this
Mark Sands, director of personal insolvency at KPMG, is quoted in the
Daily Telegraph: ‘Any excessive spending over Christmas and at the New
Year sales, especially where goods are paid for on credit, risks tipping even
more consumers over the edge.’
KPMG estimates more than 2,500 people entered into Individual Voluntary
Arrangements with debts of more than £100,000 in 2008. The average IVA debtor
Figures are expected from the Insolvency Service in February.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...