UK Company Insolvencies Will Continue Upward as Rising Interest Rates and Cost-Of-Living Crisis Puts the Squeeze on Debtor’s Funds
With the number of registered company insolvencies at 1,685 and 183 compulsory liquidations in April 2023 – nearly twice the number in April 2022 – the pressure on UK SME cashflow remains very real. This is according to Lynne Darcey Quigley, Founder & CEO of Know-it. “The headline figure issued by the Insolvency Service this week for April appears …