‘Disappointing’ rise in insolvencies

Last year, the country registered a 37% increase in business insolvencies

‘Disappointing’ rise in insolvencies

Insolvency-related activity increased by more than 23% in Berkshire and the south east region last month, according to R3, the UK’s insolvency and restructuring trade body. The firm’s analysis of data provided by Creditsafe showed a rise in insolvency-related activities from 172 in January to 212 in February. The figures include administrator and liquidator appointments together with creditors’ meetings. The south east figure for insolvency-rela…