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Bankrupt Britain: 340 people go bust every day – Times Online

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A human tragedy unfolds: BRITAIN is facing a bankruptcy timebomb with a record number of individuals and companies predicted to go bust this year. Begbies Traynor, the insolvency and restructuring group, reckons more than 35,000 firms could go under this year – equivalent to more than 95 a day. The figure would be 18% higher than during the previous peak in the 1990s crash. Nick Hood at Begbies said he would not be surprised if the number rose to 40,000 […]

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