Number of companies going bust hits 30-year high

2024-01-30 16:36:20

Although the number of firms going bust hit a 30-year high in 2023, the volume of companies registered in the UK has increased over time, so the rate of insolvencies last year was still is much lower than the peak rate of 94.8 insolvencies per 10,000 active companies during the 2008-09 recession.

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