- Restructuring experts urge Reeves to avoid hiking corporate costs further
The Chancellor must avoid piling further pressure on British businesses at her upcoming Budget after another 2,000 firms went bust last month, restructuring experts have warned.
A sharp rise in labour costs, stubbornly high inflation and weak consumer confidence have contributed to monthly company insolvency rates being at 30-year highs since 2023.
And official figures from the Insolvency Service published on Friday show no signs momentum is shifting, with 2,000 registered company…