Insolvency-related activity fell for the third consecutive month in the Thames Valley and Wiltshire, according to R3, the UK’s restructuring, turnaround and insolvency trade body.
R3’s analysis of data provided by Creditsafe indicated a drop in insolvency-related activities from 223 in May to 163 in June.
The figures include administrator and liquidator appointments together with creditors’ meetings, and the fall in the South East is part of a cautiously optimistic picture nationally, with decreases in eight UK regions.
Neil Stewart, chairman of R3’s Southern and Thames Valley region – which…