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Insolvencies at record level

by a21cent @ Sunday, 05. Nov, 2006 - 12:20:15 am

Further to previous writing in this blog and at www.astrology21.co.uk about Neptune's transit of the UK's Venus, two recent stories in the news that exemplified this astrological configuration:

Insolvencies reach record levels - http://news.bbc.co.uk/1/hi/business/6110722.stm

"A record number of people in England and Wales went insolvent between July and September, official figures show."
Insolvencies have increased by 5.7% on the previous quarter and a whopping 55.4% on the same period last year.

Forecasts by economists are that bankruptcy levels could break the 100,000 barrier for the first time ever this year, with second quarter insolvency rates also well above the 25,000 mark.

On a similar topic, despite efforts by the banks to reduce fraud, ATM fraud has been rising:

Cash machine fraud up - http://news.bbc.co.uk/1/hi/uk/6115974.stm

"Cash machine crime has risen despite leading banks investing millions of pounds in anti-skimming technology."


 
 

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