Charity declared bankrupt owing more than £1 million
A charity has been declared bankrupt after an investigation found that it spent just 13p in the pound on charitable … Continue reading
Growth in borrowing drops while savings stagnate, says report
Growth in borrowing on loans, credit cards, and overdrafts slowed in May, indicating that consumers are beginning to cut back … Continue reading
Ex-tennis ace declared bankrupt
A former world No 1 tennis player was this week declared bankrupt by a court in London.
The Government must confront “debt bubble” danger
Ministers should use next week’s Queen’s Speech to address mounting concerns about “unmanageable” levels of debt, experts have warned.
Concern over “unsustainable solutions” to debt
The extent of the difficulties facing those in debt has been laid bare by a leading advice charity.