Business Insolvencies at their highest since 1993
UK debt collections
JANUARY 31, 2024
Oliver Collinge, a director at restructuring and insolvency firm, PKF GM, said: ‘There is no doubt that higher interest rates and continuing cost pressures have seriously impacted many UK businesses, with one in 186 active companies entering insolvent liquidation in 2023 – the highest rate seen since Q3 2014. Last year 53.7
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