Coastal areas dominate the UK's bankruptcy blackspot list

There should be some cheap housing bargains then in the above resorts? You try and find one in Torquay. I would like to see some more information before making any judgements. Such as, how long has the bankrupt person lived in that town, how old were they, were they in business, who forced the bankrupty. No doubt the insolvency practioners will be moving to the coast to set up satellite offices. I have to disagree with a commentator above regarding accountants. If some businesses listened to their accountant they would never have gone bust. A bankrupt client is ueless. I would want a client to succeeed and keep doing for many years , far more profitable than a one-foff insolvency.

Who is Anthony Cork to comment? Does he know all these towns intimately or know their employment prospects or underlying history and changing demographics? Accountants are people not smart enough to be entrepreneurs and who can make a living as parasites, whether times are good or bad. All the banking scams required accountants to endorse whatever dodgy deals were done. 'One factor is that the majority of residents of seaside towns tend to be older people or those who have retired' NOT TRUE. Seaside RESORT towns tend to have an older demographic and more retired people, but not a 'majority'. That may or may not have a bearing on bankruptcy, in fact MOST pensioners are doing rather well financially and so bankruptcies may or may not be related to difficulties in retirement. Someone needs to learn the difference between the definitions 'Majority' and 'Higher Proportion' Where in the bankruptcy figures as published is there any correlation between rates of bankruptcy and retirement to coastal towns? Why not the number of seagulls or fish and chip shops? Hull is a PORT, ergo it is coastal, but is certainly not a resort, nor is it a 'seaside town'. Fishing ceased to be a major contributor to employment in Hull quite a few years ago. Hull is still a successful port. A big problem in Hull is the lack of skills amongst those of working age. Manufacturing businesses located on the East coast tend to be doing rather well, but cannot find enough skilled employees. The benefits culture is firmly embedded in Hull and there is a huge underclass who have do not have even the basic skills required to find work, nor the social skills and fundamentals of appearance and behaviour to be acceptable as employees in the huge number of retail outlets in the city. Hull is still a fantastic city, but with a massive image problem. John Prescott is the epitome of the old adage that you can't polish a turd and that utter buffoon has done nothing for the image of what was and in an underlying way still is, a great City. The top four places in the survey are, or were, primarily known as tourist destinations, but for one reason or another have seen a fall from grace. The reasons for Blackpool's decline have been well publicised in the media and huge numbers of benefit claimants in cheap bed and breakfast establishments have done nothing to boost the regional economy.

Sorry to see those well-known seaside towns of Stoke-on-Trent, Mansfield and Tamworth on the list - maybe the result of global warming which has moved them closer to the coastline... :P