Every Week 2,000 People Go Bust

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.

Tags: Boom to Bust

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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”