Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Business minister blames insolvency rise on ‘austerity’ – BBC News

BanknotesImage copyright
PA

Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies.

The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures.

Paul Wheelhouse claimed there was “no question” austerity had led to “more people suffering the anxiety and distress of insolvency”.

The Scottish Conservatives called on the Scottish government to do more to help people deal with personal debt.

Accountant in Bankruptcy (AiB), which administers the process of bankruptcy and records corporate insolvencies, said personal bankruptcies increased by 1…

Read the full article at: http://www.bbc.com/news/uk-scotland-scotland-business-40730958

Category: LiquidationBy Insolvency GuardianJuly 26, 2017

Post navigation

PreviousPrevious post:Business minister blames insolvency rise on ‘austerity’ – BBC NewsNextNext post:Tupperware To Wind-down Beauticontrol Operations, Incur Restructuring Costs – Markets Insider

Related Posts

DJI Architecture snaps up Allan Corfield group out of liquidation
August 25, 2026
‘Perfect storm’: builder collapses, buyers in lurch
August 25, 2026
No Cookies | The Cairns Post
August 25, 2026
Major Wollongong club put into administration amid $3 million legal dispute – Illawarra Mercury
August 25, 2026
Major Wollongong club put into administration amid $3 million legal dispute – Milton Ulladulla Times
August 25, 2026
Bathla collapse puts Sydney home buyers, contractors and lenders on edge – latest building and construction news
August 25, 2026

Business minister blames insolvency rise on ‘austerity’ – BBC News

Business minister blames insolvency rise on ‘austerity’

  • 26 July 2017
  • From the section Scotland business

BanknotesImage copyright
PA

Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies.

The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures.

Paul Wheelhouse claimed there was “no question” austerity had led to “more people suf…

Read the full article at: http://www.bbc.co.uk/news/uk-scotland-scotland-business-40730958

Category: BankruptcyBy Insolvency GuardianJuly 26, 2017

Post navigation

PreviousPrevious post:Court Confirms BCBG Comprehensive Restructuring Plan – PR Newswire (press release)NextNext post:Business minister blames insolvency rise on ‘austerity’ – BBC News

Related Posts

No Cookies | Daily Telegraph
August 25, 2026
Are Scottish companies really in a state of crisis?
August 25, 2026
No Cookies | Daily Telegraph
August 25, 2026
NCLAT Orders Quick Ruling on Epic Yarns’ Insolvency Withdrawal After Creditor Settlement, ETLegalWorld
August 25, 2026
Axita Cotton EoI: Axita Cotton Eyes Acquisition of Varidhi Cotspin Amid Insolvency Process, ETLegalWorld
August 25, 2026
Hamilton accountant suspended over insolvency, unpaid tax – Waikato Times
August 25, 2026
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button