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The End of Leasehold Flats? A Breakdown of the Draft Commonhold and Leasehold Bill
Úna Campbell
At the end of June, Katie Holmes filed for a divorce from her husband of 5 years, Tom Cruise. Now, less than two weeks later, a settlement has been reached and a joint statement released confirming the pairs’ commitment to working together for the sake of their daughter, Suri.
The rate of divorce continues to rise. Nowadays, one marriage in every three statistically is destined to end with divorce. It is perhaps unsurprising then that Debrett’s is looking to offer couples advice on how to manage a divorce graciously.
The Office of National Statistics has revealed that, for the first time since 2003, there has been a rise in the divorce rate in England and Wales. The rate of divorce in 2010 rose 4.9%, with commentators suggesting that the current economic situation, and the added strain this has on relationships, might be to blame for the increase.
Despite the latest published figures (for 2009) indicating that the overall rate of divorce has decreased by 11%, the results also show that for one particular category, the over 60s, the rates have increased. The number of people over 60 granted a divorce in the last 2 years has risen 4% from 11,040 to 11,507.
In a report published by The Telegraph this week, the High Court has awarded a wife, after 25 years of marriage, only £4.3million pounds in a divorce where the total wealth was between £21million and £24million. The reason given for this unequal sharing of wealth was that much of the Husband’s wealth had been inherited from his family and so the court felt it should remain with him.
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