Economy
Insolvencies remain high despite 6% fall in May
One in 180 companies on Companies House effective register – at a rate of 55.6 per 10,000 companies – entered insolvency between 1 June 2023 and 31 May 2024
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The number of registered company insolvencies in England and Wales in May was 6% lower at 2,006 than the month prior, and 21% lower than the same month in the previous year after seasonal adjustments, new government statistics show.
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