| Updated: Mar 17, 2024, 11:55 AM IST
In the United Kingdom, the economic outlook continues to remain bleak. The latest government figures on insolvency paints a worrying picture of the UK’s business environment. The number of companies declared insolvent in England and wales in February was 17% higher than 2023. 2,102 companies were declared insolvent, up from 1,801 in February 2023.
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