Monthly Archives: April 2011
The statement came in a House of Commons business, education and skills committee in which Cable was questioned on the government’s growth plan.
UK banks wrote off a record £17.3bn of bad debts in 2010, an eight per cent increase on 2009’s figure of £16.1bn.
Four firms which targeted consumers with misleading information about debt have been shut down by the Office of Fair Trading.
Just over 186,000 UK companies are experiencing significant or critical financial problems compared with around 161,000 in the first quarter of 2010, according to Begbies Traynor.