All the updated news related to breathing space scheme

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Personal Finance

Thousands seek breathing space from debts as insolvencies rise

More than 75,000 registrations for breathing space from debts have been recorded since May last year, as the number of people going financially insolvent across England and Wales has increased annually. And with households facing a tough winter ...

02 Aug 2022 at 11:53

City

Bankruptcies in England and Wales slump to lowest levels since 1989

The number of people going bankrupt across England and Wales last year was the lowest since 1989, according to official figures. The decrease helped the overall number of personal insolvencies fall to a four-year low last year. Some 110,022 ...

28 Jan 2022 at 11:55

Personal Finance

Annual jump in number of people taking up debt ‘breathing space’ schemes

The number of people taking “breathing space” from their financial problems has jumped by more than a third annually, according to figures from the Insolvency Service. There were 23,179 breathing space registrations in the first three ...

28 Apr 2023 at 12:54

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