More people are insolvent

Friday 6th November 2009, 10:24AM GMT.

pound-coins.jpgThe number of people declared insolvent in England and Wales hit a new record high during the third quarter of the year, official figures showed today.

A total of 35,242 people became insolvent in the quarter to the end of September – up seven per cent on the previous quarter and 28 per cent on a year ago.



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