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Insolvencies (retail & Business Servs)

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Article in the Guardian:

Number of insolvencies reaches three-year high

Press Association

Friday January 6, 2006

The Guardian

The number of firms collapsing hit its highest level for three years yesterday amid fears that the figure will rise further in 2006.

The financial analysis group Experian said the retail and business services sectors were hardest hit as corporate insolvencies leapt 11% last year to 18,122.

High-profile failures included the carmaker Rover, the store chain Allders and Unwins off-licences. Experian said: "Corporate insolvencies will continue to rise in 2006."

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  • 335 Brexit, House prices and Summer 2020

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