Company insolvencies jump to new monthly high – Business MattersBusiness Matters
Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019. Data from the Insolvency Service yesterday showed that 2,552 companies were declared insolvent last month, overwhelmingly through creditors voluntary liquidations, in which a companys directors agree to wind up the…