In a week where TV quiz celebrity, Carol Voorderman, is under pressure to stop using her “trusted” reputation to flog the naïve so-called cheap loans on television, there’s news that personal bankruptcies and company failures are growing at an alarming rate.
The Times reports today: “Leading accountants joined politicians to sound warnings over the threat from a “what the hell” culture of “spend now, worry later” as the number of personal bankruptcies in England and Wales leapt to 23,251 in the first quarter, the highest number since the Sixties.”
Voorderman is however so successful at attracting new business for her sponsors that they have stated that they aim to continue using her in their advertisements. She has declined, quite sensibly to comment and I’m sure that the size of her contract would make her most reluctant to consider quitting a role which delivers her a little extra money to use to “splash out” on something special.
You can find the story in "Kent on Saturday."