New business starts-ups and insolvency-related activity had both fallen across the UK and in Yorkshire and the Humber last month, according to the latest research from the UK’s insolvency and restructuring trade body, R3.
The findings, based on an analysis of data provided by Creditsafe, show an 18% decline in insolvency-related activity in the region in April, while the rate of new business start-ups saw a 9% drop in the same month.
Insolvency-related activity, which includes liquidator and administrator appointments and creditors’ meetings, rose in the North East (by 7%) and in Wales and the North West (by 4%) but fell in every other UK region, with the South West seeing the largest fall,…
