|
|
Article: Young women now most likely to go bust.(Features)
- Article from:
- Daily Mail (London)
- Article date:
- June 17, 2009
CopyrightCOPYRIGHT 2009 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Olinka Koster
YOUNG women desperate to copy the opulent lifestyles of footballers' wives and girlfriends are responsible for a surge in female bankruptcies.
According to a survey, the majority of bankrupts under 24 are women. Last year 55 per cent of young bankrupts were female, up from 48 per cent five years ago.
In total, 1,560 women under 24 were declared bankrupt in England and Wales, compared with 1,250 men in the same age group. The research, based on data from The Insolvency Service, found that young women were keener than young men to demonstrate their independence by renting or owning their own flat.
In contrast, ...