0 Have your say The number of people facing financial hardship has increased in Scotland, according to official statistics published on Wednesday. A report by the Scottish insolvency service Accountant in Bankruptcy (AiB) indicates the total number of personal insolvencies recorded in the third quarter for 2018-2019 was 3,198.It represents an increase of 18% on the same period for 2017-2018, when the figure was 2,707.The total number of personal insolvencies is calculated by combining bankruptcies, a legal declaration that someone cannot pay their debts and protected trust deeds (PTDs), which is a form of insolvency that transfers a debtor’s estate to a trustee to be realised for the benefit of creditors.READ MORE: Unemployment in Scotland at record lowThe figures state there were 1,217 bankruptcies during the quarter, a 9.9% increase on the same quarter in 2017-18, while PTDs increased by 24% to 1,981.There was also an increase in the number of people who … [Read more...] about Number of Scots facing financial hardship on the rise
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Rise in number of Scots going bust, report indicates BelfastTelegraph.co.uk The number of people facing financial hardship has increased in Scotland, according to official statistics published on Wednesday. https://www.belfasttelegraph.co.uk/news/uk/rise-in-number-of-scots-going-bust-report-indicates-37741019.html https://www.belfasttelegraph.co.uk/news/uk/article37741018.ece/98214/AUTOCROP/h342/bpanews_1edacc65-b4f9-4a06-a769-4305507b2596_1 Email The number of people facing financial hardship has increased in Scotland, according to official statistics published on Wednesday. A report by the Scottish insolvency service Accountant in Bankruptcy (AiB) indicates the total number of personal insolvencies recorded in the third quarter for 2018-2019 was 3,198. It represents an increase of 18% on the same period for 2017-2018, when the figure was 2,707. The total number of personal insolvencies is calculated by combining bankruptcies, a legal declaration that someone cannot pay … [Read more...] about Rise in number of Scots going bust, report indicates
TWO lucky Premium Bond holders have received a July windfall this year by scooping the top prizes in this month's draw. Here's what we know. Who were the July 2018 Premium Bonds winners? A man from Suffolk who bought his winning bond in June 2017 and a man from south west Wales will share the top £1million prize. The man from South West Wales becomes the fifth jackpot winner from the region since the £1 million prize was introduced in 1994. His winning Bond was purchased in March 2010 (Bond number: 166LV246433). They are the 389th and 390th winners of the £1million prize. How many people won in July's Premium Bonds draw? Premium Bonds is also paying out over three million other prizes to Premium Bond holders, ranging from £25 to £100,000. Jill Waters, Retail Director at NS&I, said: “I’m delighted for our two jackpot winners and all of our customers who are receiving a boost this month. Whatever you have won, get in touch through our … [Read more...] about July 2018 Premium Bonds winning numbers – have you won £1million cash prize?
The number of men out of work and claiming universal credit in the area is almost double the amount of women without jobs. Last month 1575 men were claiming the benefit, compared to just 845 women. UK Government figures show that 4.7 per cent of men living in the Rutherglen and Hamilton West constituency are dependant on universal credit, while 2.4 per cent of the female population are claiming the benefits. For men this is the 13th-highest out of 59 constituency regions in Scotland, while for women it was the 8th-highest in the country. Universal credit, which combines six benefits into one, was rolled out across South Lanarkshire last October. However, it has been labelled a disaster because of huge delays in processing payments, throwing families and individuals already living on the breadline into crisis. Delays of five weeks or more in payments being processed led to advance payments being introduced. And staff at jobcentres have revealed that this is also causing chaos because … [Read more...] about Men claiming benefits in Rutherglen area is almost double number of women
PUBLISHED: 16:01 27 June 2018 | UPDATED: 16:01 27 June 2018 Jacob Massey The borough council said the main reason people usually refused offers of social housing was due to personal preferences Picture: Mike Page Archant A person in Great Yarmouth has been on the social housing waiting list for more than 10 years. The applicant joined the list in February 2008 and was still waiting for housing as of April this year, figures reveal. They are one of 258 people in the borough who are currently on the list. In 2013, 464 people were waiting for social housing, but this figure had more than halved by 2016, dropping to 219, before gradually increasing over the past two years. Meanwhile, the number of housing offers that have been rejected has also more than halved. Calculated by the financial year, figures show that 267 people turned down offers in 2017 by comparison to 127 in 2018. However this figure still represents a slight increase on 2014, when 121 offers were rejected. … [Read more...] about Great Yarmouth person waits more than 10 years for social housing