Insurance insolvencies tumble

standing out

According to the research from Experian, the month also saw an 8.7% fall in the number of business insolvencies across the UK to 1,685 during October.

The figures meant that 0.08% of the business population stopped trading in October this year compared to 0.10% in the same month last year.

The greatest improvement in the average rate of insolvencies was seen by firms with 101 to 500 employees as their insolvency rate fell from 0.21% in October 2011 to 0.15%.

The only year-on-year increase in the

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