March insolvency data “paints a bleak and ominous picture of the … – IFA Magazine
Following the March company and individual insolvency statistics published by The Insolvency Service this morning, financial industry experts have commented. Ian Hepworth, director of Croydon-based Funding Solutions UK: Increasing insolvencies are sadly a sign of the times, as macroeconomic headwinds continue to bite. The withdrawal of government support from businesses, higher interest rates, stubbornly high inflation, wage demands and…