Latest Insolvency Service stats underscore grim business climate
The latest official data from the Insolvency Service shows that 471 construction businesses collapsed in May - a new monthly record.
Source: constructionnews.co.uk
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Business insolvencies jump by almost a third
Around 2,163 companies were declared insolvent in June, which is up from 1,698 according to data from the Insolvency Service.
Source: dailymail.co.uk
Business insolvencies in England and Wales rocket 40%
Some 2,552 companies were declared insolvent in May, up from 1,825 a year ago, according to the Insolvency Service.
Source: dailymail.co.uk
Corporate insolvencies soar to highest level in three years
High borrowing costs and inflation are weighing heavily on businesses, official figures suggest.
Source: icaew.com