BUSINESSES remain concerned about the upcoming changes with Brexit, but insolvency numbers have fallen during this third quarter.
According to a survey from Pinsent Masons, 62% of the UK insolvency industry believe that Brexit will lead to an increase in business failures over the next year. However, new analysis from KPMG has showed that despite economic turbulence in the wake of the EU referendum, the number of companies entering formal insolvency across England and Wales has continued to fall during the third quarter of 2016.
Over 400 insolvency practitioners who attended Europes largest restructuring and insolvency conference held by Pinsent Masons …
Read the full article at: https://www.accountancyage.com/2016/10/12/insolvencies-fall-but-brexit-will-increase-business-failures-in-the-next-year/
