Companies have collapsed into liquidation due to the Iran war, experts have said, as business in Oxfordshire go bust.
Company failures jumped higher again in March due to a surge in firms collapsing into administration as experts warned more may go bust as the Iran war and soaring wage bills send costs surging.
Last month, Kidlington-based Cooper & Franklin Limited collapsed into liquidation, as did William Harvey Medical Limited of Weston-on-the-Green, Oxford-based Netvide Limited and Park Lane Developments (Oxfordshire) Limited of Bampton.
Latest data from the Insolvency Service shows the number of company insolvencies in the UK rose seven per cent month-on-month in March to 2,022.
READ MORE: UK electric car company collapses into…