Posted January 5, 200718 yr The high-flying and big-spending lifestyles of Bradford lass Kimberley Walsh and fellow pop princesses Girls Aloud are never far from the headlines. However recent reports have suggested the girl band superstars, who are said to have raked in more than £1 million last year, could well be hard up after spending more than they earned in 2006. The reports came after it was reported that a company all the band members jointly own, Tapeview, showed a £28,305 loss on its accounts. A spokesman for the girls' record label, Polydor, said that the rumours simply weren't true and refused to comment any further. But Kimberley and Co's pop opulence has been well documented. Cheryl Tweedy had a lavish wedding to Premiership footballer Ashley Cole - although he's not thought to be short of a bob or two himself - and Nadine Coyle has been wooing Desperate Housewives beefcake Jesse Metcalfe... involving regular trans-Atlantic flights for cosy trysts. Nicola Roberts has admitted spending her money on "stupid things I don't really need" and Sarah Harding is a regular face on London's club scene - though she'll presumably be earning pin money as the new face of underwear range Ultimo. It seems that only Bradford's Kimberley is exercising true Yorkshire frugality. The Girls Aloud member least likely to be snapped falling out of a limo or spending huge sums was spotted over the Christmas period eschewing the bright lights of the capital for the more down-to-earth prices of the Suburban Style Bar in Bingley. Her example is one more people could follow, say financial experts, who are predicting a record number of insolvencies this month as the post-festive money hangover sets in. Accountants Grant Thornton predicted 10,000 people will become insolvent as a result of excessive Yuletide spending across the UK in the first three months of this year. The prediction has been based on higher levels of credit card usage to fund Christmas shopping and increases in interest rates over the past 12 months. James Ketchell, spokesman for the Consumer Credit Counselling service in West Yorkshire said that their offices have to cope with far larger numbers of calls during January than at any other time of year. He said: "Debt is a problem that builds up over months and months. The average client we deal with has debts of £31,000, not including mortgage payments. "Excessive Christmas spending is clearly not going to make much difference for most of us but for those with bad debts it can prove to be the tipping point." Teresa Perchard, director of policy for Citizens Advice, said: "All too often people come to a CAB when they've already reached crisis point or can no longer cope with their problems. By carrying out a regular financial overhaul and taking some preventative measures many problems could be averted before they become crises." Credit: This Is Bradford
January 5, 200718 yr omg lewis :lol: i was gonna post this yesterday and i thought no its not worth posting its not good enough lol :lol:
