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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

25% jump in people needing breathing space from debts last year

The number of people needing breathing space from their debts jumped by 25% in 2023 compared with the previous year. Across England and Wales, there were 88,390 registered breathing spaces in 2023, comprised of 86,928 standard and 1,462 ...

30 Jan 2024 at 11:25

Personal Finance

Insolvency Service probes concerns around potential mis-selling of IVAs

The Insolvency Service is looking into concerns around the potential mis-selling of IVAs (individual voluntary arrangements). The service said it wants to understand the experience of some consumers when taking out an IVA. IVAs are a ...

16 Jan 2024 at 15:43

US Open day two: Emma Raducanu and Jack Draper lead British hopes

Tennis

US Open day two: Jack Draper and Emma Raducanu lead British hopes

Novak Djokovic and Coco Gauff began the defence of their US Open titles with easy first-round victories at Flushing Meadows. Dominic Thiem’s grand slam career is over as he lost to Ben Shelton ahead of his October retirement while ...

27 Aug 2024 at 06:47

Tennis

Iva Jokic loses US Open thriller after medical scare

Heat exhaustion ruined Iva Jokic’s teenage dream of a third-round meeting with Aryna Sabalenka at the US Open. American Jokic, who is 16 and the youngest player in the main draw, was a set up against 29th seed Ekaterina ...

29 Aug 2024 at 00:22

Tennis

Coco Gauff continues US Open title defence with win over Tatjana Maria

Defending champion Coco Gauff breezed into the third round of the US Open after a straight-sets win over veteran Tatjana Maria. The 2023 champion, who said on Monday she will one day win a second title at Flushing ...

29 Aug 2024 at 02:12

Personal Finance

‘Concerning’ level of poor practice found in IVA market – Insolvency Service

A “concerning” level of poor practice has been found in the market for individual voluntary arrangements (IVAs), according to the Insolvency Service. IVAs are a legally binding agreement between a person who is ...

17 Oct 2024 at 16:35

Personal Finance

Personal insolvencies jumped by 14% annually in 2024 across England and Wales

The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven by debt relief orders (DROs) jumping to a record high, according to the Insolvency Service. ...

21 Jan 2025 at 11:13

Personal Finance

12% annual jump in personal insolvencies across England and Wales in January

The number of people going financially insolvent across England and Wales jumped by 12% in January compared with the same month a year earlier, according to Insolvency Service figures. Some 9,706 people ...

18 Feb 2025 at 15:33

Personal Finance

Number of people needing ‘breathing space’ from debts jumped annually in March

The number of people needing “breathing space” from their debts jumped by 4% in March compared with the same month a year earlier, according to Insolvency Service figures. Across England and Wales, ...

25 Apr 2025 at 11:56

Personal Finance

Personal insolvencies jumped by 8% month on month in April in England and Wales

The number of people going financially insolvent in England and Wales jumped in April, according to Insolvency Service figures. Some 10,012 people entered insolvency in England and Wales last ...

20 May 2025 at 10:59

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