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PERSONAL BANKRUPTCIES ‘HIGHEST IN A DECADE’
AS the number of personal bankruptcies reaches its highest level for more than a decade, PKF accountants and business
advisors warn that further interest rate rises will swell the ranks
of debt-ridden Liverpudlian’s.
More than 100 people a week are now being declared bankrupt, an
increase of 28.9% on the figures just a year ago. The average debt
burden has risen from 54% of average earnings in 1993 to 70% in 2002
which means that an adult earning the national average wage of £24,164
is now likely to owe £17,044. debt counsellors are also reporting a
25% surge in the number of calls received in the first weeks of 2004
compared with the same period last year.
John Newell, partner at PKF in Liverpool, said:- “The
combination of record levels of consumer debt and the new provisions
of the Enterprise Act 2002 which discharge most individuals from
bankruptcy after just a year is likely to encourage people to choose
bankruptcy instead of facing up to their debt mountain. Whilst being
declared bankrupt is never going to be a pleasant experience, 12 months is not a long time and the relief of wiping clean the debt slate may be a stronger incentive than coping with the worry of rising debt.”
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- Driver training team signs up
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- DRIVER training experts BSM are sending instructors and staff from
their Liverpool centre on a special course to learn the basics
of British Sign Language in a bid to provide additional support
to deaf learner drivers.
The customised training has been set up by voluntary
organisation DRIVE-TRU and is designed and delivered by
qualified tutors at the Merseyside Centre for Deaf People in
Queens Drive.
Full details about driver training, including BSM Mobility
tuition, are available from BSM in Merchant’s Court, Derby
Square, Liverpool on 0151 709 2476 and the BSM website
www.bsm.co.uk
- LEARN TO
SIGN....
- LOCAL
group Practice Makes Perfec have anounced a large influx in
people signing up to learn Sign Language. If you want to learn,
the group meets on Mondays at Elim Church from 6:30pm to 8:00pm
and on Thursdays from 1:30pm to 3:00pm at THe Temperance Hall on
London Street.(next to the ALbert Pub ) email Maureen at Maureen@doyle140.freeserve.co.uk
for more information
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