Business insolvencies reach highest level in 14 years

Latest quarterly figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales jumped to 13% in Quarter 2 (Q2) 2023 compared to Q2 2022, and reached the highest level since Q2 2009, Q2 figures were also 8.9% higher than in Q1. The figures show between 1st April and…

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