There has been little increase in the number of company and personal insolvencies since the EU referendum vote in June, according to figures released by the Insolvency Service.
It was found that an estimated 3,633 companies entered insolvency in Q3 2016, 2.2% higher than Q2 and 1.1% higher than the same period last year.
The number of companies subject to compulsory liquidation in Q3 2016 fell by 4.5% compared with Q2, but was up 2.4% from Q3 2015.
The Insolvency Service labelled the trend for the past year as being broad…
Read the full article at: http://bridgingandcommercial.co.uk/article-desc-11125_Company insolvency rates increase by 2.2pc