Advice LBV Hub Financial Services
Jonathan Amor, restructuring and insolvency partner at Azets, the UKs largest regional accountancy and business advisors to SMEs, comments on the May 2021 corporate and personal insolvency statistics for England and Wales.
Corporate insolvencies
Jonathan said: The figures released today for May 2021 show a slight increase in corporate insolvencies compared to the previous month but continue to show a trend of low corporate insolvencies compared to pre-pandemic levels. This is likely attributable to the continuing Government support that was put in place during the pandemic to support businesses, as well as the temporary restrictions on the use of certain creditor enforcement actions.
One of these temp…
Read the full article at: https://www.lancashirebusinessview.co.uk/latest-news-and-features/may-insolvency-statistics
