Insolvency activity in the South East saw a slight reduction during September following a big increase in August, and remains only slightly higher than the same period last year.
According to R3, the UKs insolvency and restructuring trade body, the figures showed a decrease in insolvency-related activities from 264 in August to 219 in September. Tthese include administrator and liquidator appointments, together with creditors meetings.
The figure was 215 in September 2022.
However, R3 has warned against complacency because of the ongoing economic instability that continues to cause business difficulties.
Following its analysis of data about insolvencies and start-ups supplied by business intelligence provider Creditsafe, it found the num…
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