Apprenticeship concerns, bankruptcy rates, and housing woes - here's your need-to-know business news roundup.
Some apprenticeship schemes are of “no real benefit” according to a panel of MPs.
The Committee of Public Accounts criticised schemes of less than six months, but welcomed the overall increase in apprenticeships. [BBC]
Wansbeck in Northumberland is the bankruptcy capital of the UK according to the Insolvency Service.
Insolvency rates in the area are running at 57 per 10,000 adults, compared with a national average of 27.1 [Guardian]
The UK is facing a “burgeoning housing crisis” according to a new report.
The National Housing Federation, Shelter, and the Chartered Institute of Housing pointed to overcrowding, cost, and supply as key issues facing the housing market. [BBC]