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Record levels for bad debts

Home  Dec, 2006

Record levels for bad debts - Banks wrote off record £1.4bn of customers' bad debt 2006 as thousands of consumers took advantage of debt-relief tools like bankruptcy IVAs Crush hour sales - Spending sales is predicted be up 50% last year as post-Christmas shopping boom continues



Record levels for bad debts  [12/29/2006 01:17 PM]
Banks wrote off a record £1.4bn of customers' bad debt in 2006 as thousands of consumers took advantage of debt-relief tools like bankruptcy and IVAs
Crush hour in the sales  [12/29/2006 01:17 PM]
Spending in the sales is predicted to be up 50% on last year as the post-Christmas shopping boom continues
Market report: Friday latest  [12/29/2006 01:17 PM]
11:30:Will Quintain Estates and Development still be a stock market-quoted company by this time next year?
Pensions gap cut by half  [12/29/2006 01:17 PM]
Pension deficits of the UK's top firms fell by almost half in 2006, according to figures out today
Women race into top business league  [12/29/2006 01:17 PM]
For the first time, women make up about one in four on an annual list of Top 100 Entrepreneurs, a 25% increase on the 2004 figure
Mortgage lending hits new record  [12/29/2006 01:17 PM]
Mortgage lending by banks hit record levels in November but consumer credit remained subdued, new figures today indicated
Householders face 4% hike in council tax  [12/29/2006 01:17 PM]
Homeowners face council tax rises of more than 4% in April because of an increasing reliance on private sector contracts
Little Chef on brink as bid fails  [12/29/2006 01:17 PM]
The Little Chef roadside restaurants chain was today on the brink of collapse and expected to call in the administrators
House prices up 10.5% in 2006  [12/29/2006 01:17 PM]
The typical cost of a home rose by 10.5% last year after another sharp jump in December house prices
Shopping at £800 a second  [12/29/2006 01:17 PM]
Retailers enjoyed their busiest day in history yesterday as bargain-hunters besieged shops in search of savings
US grounds Branson's low-cost airline plan  [12/29/2006 01:17 PM]
Sir Richard Branson's US plans have suffered another setback, with regulators throwing out an application by his budget airline
Fat cat bosses pile on the pounds  [12/29/2006 01:17 PM]
Executives' earnings are rising 17 times faster than the pay of the people who work for them, says the TUC >> ARCHIVE: Best-paid jobs revealed
Brawling over the bargains  [12/29/2006 01:17 PM]
Angry scuffles marred the start of the first full day of the sales as huge crowds of bargain hunters jostled for the massive discounts
The public sector pension burden  [12/29/2006 01:17 PM]
Gold-plated public sector pensions cost every family an average of £900 a year, it emerged last night
Property boom set for 2007  [12/29/2006 01:17 PM]
Britain's unprecedented property boom looks set to continue with one in three people expecting house prices to power ahead in 2007
Holiday firm axes 'fuel charge'  [12/29/2006 01:17 PM]
Britain's biggest tour operator is scrapping fuel supplements on its holidays - a month after a watchdog called for action against 'false holiday prices'
Christmas PCs in virus threat  [12/29/2006 01:17 PM]
Thousands of computers given as Christmas presents are creating a computer virus timebomb, experts warned today
Barclays hit by Xmas email scam  [12/29/2006 01:17 PM]
Conmen have targeted Barclays customers over Christmas by trying to persuade them to hand over their account details.
Energy price wars ahead in 2007  [12/29/2006 01:17 PM]
Britains big six energy suppliers are poised to launch a price war in the coming weeks that should send household bills tumbling by the spring.
A to Z of the Sunday newspapers  [12/29/2006 01:17 PM]
Our summary of what the business papers are reporting from the financial world this Sunday
Boom goes on for Brown  [12/29/2006 01:17 PM]
The economy is growing at 2.9%, its fastest pace in two years, the latest Government figures show
Firm sells kayaks to eskimos  [12/29/2006 01:17 PM]
A UK firm is enjoying an unusual export success by selling sea kayaks back to the people who first created them
Licence fee to rise less than inflation  [12/29/2006 01:17 PM]
The BBC's income is to go up less than 2.5% a year on average in a six-year deal hammered out by Culture Secretary Tessa Jowell
30 Second Guide to Chinas currency basket  [12/29/2006 01:17 PM]
The Daily Mail's City team examine the mechanism that keep Chinese manufacturers compared with their US counterparts.
Fashionably indebted Brits  [12/29/2006 01:17 PM]
Debt is at a record level, personal bankruptcies are soaring, houses are being priced out of reach, but still we can't resist splashing out on top brands
Small cap share tips: Growth ahead for Invocas  [12/29/2006 01:17 PM]
Tips & tactics: Our small caps experts reveal the Aim stocks that are set to fly or dive. This week's report includes Invocas, Concurrent Technologies and Micap
A worrying invitation  [12/29/2006 01:17 PM]
Tony Hetherington investigates another boiler room swindle and the case of a disappearing jeweller.