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Friday, May 1, 2009

Another bubble for Britain

This time, it is company insolvencies.

It is the highest quarterly rate of company failures since 1960, which is as far back as the data goes

Of course, there are no banks in those insolvency numbers. Nor, I doubt, will we find any solicitor's firms. That is because lawyers and bankers can always rely upon the good old taxpayer.

Legal aid and the asset protection scheme; what would we do without them?

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