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Finance Management could be an issue for rural unemployed

- Tuesday, 13 April 2010

Unemployment figures detailing the extent of the problem in rural areas could be the forecaster of an upsurge in debt management concerns.

In the last two years, unemployment in the countryside has risen by 64 per cent according to statistics released by the Conservative Party.

This could leave thousands of people living in rural areas unable to effectively plan their debt management and in potential need of individual voluntary arrangement or insolvency advice.

Nick Herbert, the shadow secretary of state for environment, food and rural affairs, lambasted government economic policy.

"Gordon Brown's recession has hit rural areas hard and the loss of jobs in our villages and market towns is having a devastating effect," he said.

"Labour has ignored the countryside and their jobs tax will kill the recovery and particularly hit the small and medium-sized businesses on which the rural economy depends."

It is not merely the countryside which is struggling, however, though it has been disproportionately adversely affected.

Unemployment in England and Wales as a whole rose by 52 per cent in the same period.ADNFCR-2258-ID-19717766-ADNFCR

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