Individual bankruptcies to surge over the coming months in the face of recession, faster rising unemployment, higher debt levels, very tight credit conditions with more and more people trapped in negative equity. - 14th November 2008

Many "sound" small firms could be bankrupt by Christmas because of the financial crisis, business bosses warn. We already know that is factual - but forums and 'chatshops' won't stop it. Where banking is concerned we are more than just an extra 'pair of hands' and spend our time helping you not talking about it. See Business Banking Solutions for an idea of what we can deal with. - 11th November 2008

Sharp rise in people going bust - A leading economic consultancy predicted that bankruptcies would continue to rise. "With the full effects of the credit crunch and rising unemployment yet to be felt, bankruptcies are set to soar over the coming two or three years," said Capital Economics. "We expect the number of personal insolvencies to rise from around 110,000 this year to around 140,000 in 2009 and even further thereafter." - 7th November 2008

‘First of many’ failures in construction - a building company which employs 320 workers going into administration. The company, David McLean Holdings Ltd, of Flintshire has house building, property development and contracting subsidiaries, with offices in Cardiff and Shrewsbury. Administrators Deloitte said McLean's house building division was continuing to trade as a buyer is sought. The contracting division is to close. The group, founded in 1972, has operations in south Wales, the Midlands, north west and south west of England with a turnover of £160m. - 27^th October 2008

Bankruptcy levels are rising and business failures are also rising now - quicker than ever before as the 'fall-out' from first the credit crunch and the bank bailout and rescue by Government which followed. One thing we can be certain of - and that's uncertainty - for some time to come.