One of the main questions on everyone's lips at the moment is 'when will the recession end?'. Whilst the economy certainly seems to be picking up, like many Accountants, we would not advise anyone to get too excited yet. Each of the factors below will mean there are still tough times ahead for many.
~ Unemployment is increasing and set to rise further
~ Government borrowing is huge (despite the PM amusingly telling the BBC’s business editor Robert Peston: I've never been someone who myself has been interested in running up personal debts or borrowing huge amounts of money)
~ Individual households have seen their wealth drop by an average of £31,000 over the last year
~ Businesses are still finding it hard to borrow at the levels they require to prosper...or indeed, in some cases, to survive.
We continue to see businesses and individuals who have run into financial problems and need expert advice to help them.
We can resolve your insolvency problems.
If you would like to discuss your situation, simply contact us on: 0800 195 6768 or info@clarkebell.com
