When it comes to the number of people who need insolvency advice, Manchester’s inland location may be helping the city’s residents to prosper.
In figures published by credit checking service Experian, seaside towns are among those with the highest personal insolvency rates.
Short-term renters and social tenants are also most likely to have financial difficulties, leading Experian to urge a careful approach from those who provide lines of credit to vulnerable groups.
Jonathan Westley, managing director of Experian’s Consumer Information Services UK & Ireland, said: “It’s clear that the economic recovery has still not spread to all areas, as coastal towns in particular are struggling to stay afloat and still have high levels of insolvency.
“The same can also be said of young families and some people in ‘Generation Rent’.”
In the full list of places with the highest need for personal insolvency advice, Manchester’s metropolitan area makes one appearance, proving that even here finances are not always entirely stable.
Altrincham scrapes into the 30 locations with the highest rates of personal insolvency, with ten out of every 10,000 households affected by such financial difficulties in the first quarter of 2015.