The increase in business distress was recorded across Wiltshire and the South East, with the latest jump taking numbers from 163 in June to 185 in July, according to data from Creditsafe.
The figures, compiled by R3, the UK’s insolvency and restructuring trade body, reflect early signs of business distress including administrator and liquidator appointments as well as creditors’ meetings.
Neil Stewart, chairman of R3’s Southern and Thames Valley region, said: “July’s rise is not encouraging but may be just a blip and not indicative of a longer-term trend.
“Nonetheless, it reflects the continued economic volatility that has defined the UK’s financial landscape in recent years.”
The South East recorded the…