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

Iconic Aussie fashion group goes bust – The Australian
September 15, 2026
Cue Clothing Enters Voluntary Administration – powerretail.com.au
September 15, 2026
Cue Clothing has announced it has gone into voluntary administration
September 15, 2026
No Cookies | The Courier Mail
September 15, 2026
Iconic Aussie fashion group goes bust – NT News
September 15, 2026
Cue Clothing enters administration as Australian fashion brand behind Veronika Maine faces collapse
September 15, 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

Access Denied
September 15, 2026
REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 15 – The Courier Mail
September 15, 2026
REVEALED: Liquidator appointments for businesses in the Mornington Peninsula council area for September 14 – Herald Sun
September 15, 2026
No Cookies | Daily Telegraph
September 15, 2026
No Cookies | Daily Telegraph
September 15, 2026
Company fails to prove insolvency, losing $7m claim against Tax Commissioner
September 15, 2026
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button