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Bankruptcy has increased in the UK
Applying for bankruptcy – on the internet

By Doireann Ronayne Bankruptcy applications can now be made online or through the post, according to a government announcement today. Previously, applications could only be submitted in court, which acted as a deterrent for individuals in debt. “Many people delay making a petition for bankruptcy because they do not want to appear in court –… Read more »

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Route ahead not clear for east coast mainline
Govt takes over east coast mainline

By Alex Stevenson The government will formally take over the east coast mainline from National Express this weekend. At 23:59 GMT this evening Directly Operated Railways, the Department for Transport (DfT) subsidiary, will take over control of the mainline from the struggling private firm. National Express is suffering from debt worth £1.1 billion and is… Read more »