Business insolvencies fall to lowest levels since January
13 September 2012
The rate of UK business insolvencies fell to its lowest point since January 2010 in May, according to the latest Insolvency Index from information services company Experian.
The rate of UK business insolvencies fell to its lowest point since January 2010 in May, according to the latest Insolvency Index from information services company Experian.
Experian’s latest analysis reveals an 18% fall in the total number of business insolvencies during May compared to April, bringing the rate of insolvencies down to 0.08% from 0.10% in April.
Medium-sized businesses of 51 to 100 employees saw the rate of insolvencies fall from 0.24 per cent in April 2010 and 0.23% in May 2009, to 0.13% in May 2010 – the lowest point since September 2007.
