Bankruptcy Filings up 33 Percent over a 12-month Period

35,000 UK stores to close this year?

As many as 35,000 UK shops could close this year as the recession bites hard into the British economy. That's a prediction included in a report by Experian and featured on The Money Programme tonight on BBC2, presented by retail ghoul Mary Portas (right).

//www.bitterwallet.com/deathwatch-35000-uk-shops-to-close-this-year/13904



City suspends payment of contracts

Running out of cash because of the state budget deadlock, the City of Philadelphia has stopped paying many of its bills until the impasse is resolved, City Finance Director Rob Dubow said this morning.

//www.philly.com/philly/blogs/heardinthehall/City_suspends_payment_of_contracts.html



Bankruptcy Filings up 33 Percent over a 12-month Period

Total 12-month Total of Bankruptcy Filings 1.2 Million. In last Report, Filings up 27 Percent in one month.

//snipurl.com/ng0sr


From Information Clearing House



//freepage.twoday.net/search?q=recession
//freepage.twoday.net/search?q=bankruptcy

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