Higher expenses are contributing to a far higher insolvency rate among young women than young men.
According to accountancy firm Moore Stephens, women accounted for 65 per cent of personal insolvencies among the under-25s in the last year and 53 per cent of those among 25-34 year-olds.
Read more: What does a gender pay gap say about your business?
Jeremy Willmont, head of restructuring and insolvency at Moore Stephens, said: Rental and house price inflation has been particularly aggressive over the last few years. As young women are more likely to rent than young men, they are seeing eve…
Read the full article at: http://www.cityam.com/251522/young-women-much-more-likely-insolvent-than-young-men
