Archive for October, 2006

Huge rise in extreme debtors

The number of people who have run up debts of over £100,000 has risen sharply. Paula John reports According to the Consumer Credit Counselling Service (CCCS), 2.7% of those who looked to it for help and advice in 2005 owed more than £100,000 on top of any mortgage debt.

Entrepreneurs gaining ground

The number of entrepreneurs starting up new businesses has risen substantially in the first three months of the year, research has revealed.

The number of people going bankrupt is set to rise sharply, according to a report by the Department of Trade and Industry (DTI).

Scottish businesses are failing to harness the internet to boost orders and sales, new figures from the Lloyds TSB Scotland Business Monitor have shown.

Pensioners’ costs have risen by a third (34 per cent) in the last ten years, new research from Clerical Medical has found.

Almost a half of all British adults (45%) carry credit cards in their wallets that they haven’t used in the last 12 months, a new report has claimed.

Nearly 10% of women are saving money without informing their partners, a survey undertaken by investment firm Scottish Widows has found.

Stamp Duty take rockets

House purchasers spent an additional £1bn on Stamp Duty in the second quarter of 2006, despite the starting threshold for the tax being increased in March.

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