The number of companies going into compulsory liquidation hit its highest point in more than a decade last month, according to official data.
Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said.
Compulsory liquidation is when a firm is ordered to shutter by a court because it is unable to pay its debts.
Meanwhile, the number of overall companies closing down fell 7% compared to the same month last year, at…
