{"id":78067,"date":"2018-01-26T20:23:37","date_gmt":"2018-01-26T13:23:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-insolvencies-at-highest-level-since-financial-crisis\/"},"modified":"2018-01-26T21:03:08","modified_gmt":"2018-01-26T14:03:08","slug":"uk-insolvencies-at-highest-level-since-financial-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-insolvencies-at-highest-level-since-financial-crisis\/","title":{"rendered":"UK insolvencies at highest level since financial crisis"},"content":{"rendered":"


\nPersonal debt balloons to \u00a31.6tn as record number of households turn to \u2018bankruptcy deals\u2019, figures revealThe number of people who went bust in 2017 soared to the highest level since the aftermath of the financial crisis, according to official figures that reveal the devastating toll of mounting debts on British households.The Insolvency Service said 99,196 people were declared insolvent in 2017 \u2013 a 9.4% rise on the year before and only a shade below the peak figures recorded when the economy was in recession. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK insolvencies at highest level since financial crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Personal debt balloons to \u00a31.6tn as record number of households turn to \u2018bankruptcy deals\u2019, figures...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-78067","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kj9","jetpack-related-posts":[{"id":53203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/personal-insolvencies-soar-to-highest-level-in-three-years\/","url_meta":{"origin":78067,"position":0},"title":"Personal insolvencies soar to highest level in three years","date":"April 28, 2017","format":false,"excerpt":"\r Households facing financial pressure from debt, weak pay growth and inflationThe number of individuals applying for insolvency jumped to the highest level in almost three years in the first three months of 2017, in a further sign the mounting financial pressure facing UK households.Personal insolvencies in England and Wales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-company-insolvencies-rise\/","url_meta":{"origin":78067,"position":1},"title":"UK property company insolvencies rise","date":"January 2, 2016","format":false,"excerpt":"\r Number of groups going out of business in 2015 rises to highest in six years\r \r Source : ft.com\r Read more...UK property company insolvencies rise","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stoke-is-debt-capital-of-england-and-wales-followed-by-plymouth\/","url_meta":{"origin":78067,"position":2},"title":"Stoke is debt capital of England and Wales \u2013 followed by Plymouth","date":"July 13, 2018","format":false,"excerpt":"\r Official figures show Midlands city had highest rate of personal insolvencies in 2017Stoke-on-Trent has been identified as the debt capital of England and Wales, according to new official figures.The Midlands city had the highest rate of personal insolvencies in 2017, followed by Plymouth, Hull and Scarborough. Continue reading...\r \r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-personal-debt-agreements-add-to-concerns-about-uk-debt\/","url_meta":{"origin":78067,"position":3},"title":"Rise in personal debt agreements add to concerns about UK debt","date":"October 27, 2017","format":false,"excerpt":"\r Applications for individual voluntary arrangements (IVAs) reach highest level since introduction in 1987British households are increasingly struggling with problem debts, according to alarming official figures, in the starkest indication yet of the UK slipping into the red. Government statistics for England and Wales show applications for individual voluntary arrangements\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-insolvencies-jumps-by-a-fifth-in-england-and-wales\/","url_meta":{"origin":78067,"position":4},"title":"Number of insolvencies jumps by a fifth in England and Wales","date":"October 28, 2016","format":false,"excerpt":"\r Rising cost of living following Brexit vote likely to push more individuals into difficulty, experts warnThe number of people becoming insolvent across England and Wales leapt by a fifth in the third quarter of 2016, with experts warning that the numbers could continue to increase as the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-high-in-personal-insolvencies-could-spell-trouble-for-firms\/","url_meta":{"origin":78067,"position":5},"title":"Record high in personal insolvencies could spell trouble for firms","date":"October 27, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Record high in personal insolvencies could spell trouble for firms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78067"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=78067"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78067\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}