Rate of business insolvencies steadies despite double dip recession

Brian Solis The End of Business as Usual

The data, supplied by Experian, shows that the North East of England, a region that has traditionally been one of the hardest hit for insolvencies, was the best performing region recording a significant improvement in failure rates, declining from 0.22% of its business population in March 2011 to 0.14% in March 2012.

This was the biggest year-on-year improvement of any region. The rate for the country overall was 0.11%.

The health of the business community in the North East – measured using an

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