Credit crunch keeps couples from splitting

LONDON: Fewer British couples are filing for divorce as a sharp drop in property prices makes it hard for couples to sell a joint home, and the credit crunch dampens a desire to fund two separate households, a study shows.

The study, published by Grant Thornton accountants, showed that almost half of all surveyed matrimonial lawyers believe the numbers of divorces has slumped - and will continue to do so - because of the financial squeeze.

"Lawyers believe they will see less couples filing for divorce during the credit crunch," said Robert Kerr, partner at Grant Thornton's Forensic and Investigation Services.