Corporate insolvencies rose by ten per cent in 2018, consultancy firm Begbies Traynor said in a trading update this morning, as it reported it was on track to meet full-year expectations.
The restructuring firm announced it had seen a good flow of insolvency appointments in the three months to the end of January this year, as the annual figure grew to 16,090 nationally last year.
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The surge of insolvencies in 2018 comes after three consecutive years of the lowest level of corporate appointments since 2004.
The firm also confirmed that it completed the acquisition of Croft Transport Planning & Design on 31 January and bought Newcastle-based insolvency prac…
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