Number of bankrupt firms has risen by 15.3%
The UK is experiencing its fastest growth in the number of limited businesses failing this century, ...
The UK is experiencing its fastest growth in the number of limited businesses failing this century, according to information solutions company Experian. In the first three months of 2006, corporate failures increased by 15.3% to 4818, the highest quarterly increase recorded since 1999. There has also been an increase, for the first time since Q1 2002, in the number of companies going into compulsory liquidation - when the court makes an order for the company to be wound up on the petition of an
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