Bank inaction does not bode well

Minimum allowances laid out in the insolvency guidelines do not guarantee a debt deal and the banks are still very much in control, writes David Hall

THE much-leaked, much-debated insolvency guidelines were finally released yesterday.

The force of reaction to early hints that women would be forced out of the workplace if involved in an insolvency scheme, and if their childcare costs were greater than their pay cheque, saw that proposal abolished.