Every Week 2,000 People Go Bust
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Gordon likes to talk about stability and prudence, but rising indebtedness and rising interest rates have led to people going bust and losing everything at the rate of 2,000 a week. Individuals are losing homes and businesses at an astonishing rate – triple that seen during the 1991/92 recession.
Hardly evidence of a strong economy…
Insolvencies England & Wales
Source : Department for Business, Enterprise and Regulatory Reform (BERR) Insolvency Service and Companies House Executive Agencies.