Business insolvencies jump by almost a third as British firms struggle against rising borrowing costs and cons – This is Money
Company insolvencies in England and Wales jumped by 27 per cent in the year to June amid rising borrowing rates and broader economic weakness. Some 2,163 companies were declared insolvent in June, which is up from 1,698 at the same time last year, fresh data from the Insolvency Service published by the Government on Tuesday…