UK insolvencies see drop in July

The number of companies going bust fell last month despite the UK’s longest double-dip recession since the 1950s, according to a report today.

UK insolvencies see drop in July

The number of companies going bust fell last month despite the UK’s longest double-dip recession since the 1950s, according to a report today.

Insolvencies dropped by 9.5% year-on-year in July, with 1,776 companies failing against 1,962 companies a year earlier, according to the latest Business Insolvency Index from Experian.

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