(Bloomberg) — England and Wales recorded fewer insolvencies in April than a year earlier, indicating the number of failing businesses may be starting to stabilize. A total of 1,685 firms went bust last month, a drop of 15% compared with April 2022, according to the Governments Insolvency Service. But that followed a 16% surge in March to 2,471, the highest number since monthly data began in 2019, as businesses were squeezed by the cost-of-living crisis. While Aprils figure is lower than a year ago, when businesses were reeling from the withdrawal of Covid support, it is still higher than pre-pandemic levels. And there were 183 compulsory liquidations, those initiated by creditors and ordered by a court, nearly twice the number of a yea… Read the full article at: https://www.bnnbloomberg.ca/uk-insolvencies-fall-in-brief-respite-for-struggling-firms-1.1920793 Category: BankruptcyBy Insolvency Advisory AccountantsMay 16, 2023Post navigationPreviousPrevious post:UK Insolvencies Fall in Brief Respite for Struggling Firms – Financial PostNextNext post:Best Debt Relief Programs To Help You Get Out Of Debt – ABC Action News Tampa BayRelated PostsBanned building boss jailed for fraud – Construction EnquirerApril 29, 2024Bankrupt Katie Price plans for more plastic surgery as she reveals dream body – Yahoo Lifestyle UKApril 27, 2024Boris Becker to be discharged from bankruptcy as German eyes Wimbledon return – ExpressApril 26, 2024Katie Price threatened with jail if she keeps missing High Court hearings about her bankruptcy – Sky NewsApril 26, 2024Katie Price warned she could be arrested for missing bankruptcy hearings – The IndependentApril 26, 2024Company insolvencies in England and Wales drop 17% in March – Yahoo Finance UKApril 26, 2024
Bankrupt Katie Price plans for more plastic surgery as she reveals dream body – Yahoo Lifestyle UKApril 27, 2024
Boris Becker to be discharged from bankruptcy as German eyes Wimbledon return – ExpressApril 26, 2024
Katie Price threatened with jail if she keeps missing High Court hearings about her bankruptcy – Sky NewsApril 26, 2024
Katie Price warned she could be arrested for missing bankruptcy hearings – The IndependentApril 26, 2024