The 10 towns with the highest rates of personal bankruptcy

Written by David Budworth
Posted by Stefanie Marty

Bankruptcy and recessions go together like fat cats and bankers - but a report out this week reveals that in some parts of the country this is more true than others.

People in coastal towns are particularly prone to declare themselves bust, according to research from Wilkins Kennedy, the accountant

Overall, the average rate of personal insolvencies in coastal towns was almost one third higher last year than the national average at 20.6 per 10,000 adults, compared with 15.7 across the country and 9.1 in London.

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