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The number of people who are filing for some kind of debt protection is increasing in the UK

The number of people who are filing for some kind of debt protection is increasing in the UK

In Great Britain, PriceWaterhouseCoopers has said that more and more people are declaring bankruptcy at an increasing rate, however the number of people who are declaring bankruptcy isn’t increasing at the rate that was expected.
In February 2009, 67,428 people declared bankruptcy and another almost 40,000 …

Are bright colored clothes a sign of the economy?

Are bright colored clothes a sign of the economy?

Just like at a funeral, at the beginning of the recession people were mourning. The clothes told the story: people would be wearing black and other drab colors while going to work. It was like that for the past year, ever since the fall of …

Debt Relief Orders introduced in the U.K.

Last month, Debt Relief Orders were introduced in the United Kingdom. A debt relief order is a form of bankruptcy where the party filing does not have to go to court and pays a small (90 pound) fee to file. The fee to file for …

Oil Prices report for the day

Oil prices fell like over $10 in the last week. That’s good because it caused a rally in the stock market. Now, I don’t know a lot about stocks but I know when they go up it is a good thing for our …