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Q2 insolvency statistics: the reality behind the figures

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The statistics published by the Insolvency Service on 30 July for the second quarter of the year – April to June 2020, or “Q2” – generally confirmed a 25% fall in company insolvencies when compared to the first quarter of this year, and a one-third fall compared to the same quarter ending June 2019. These figures may inspire optimism for the UK economy during these extremely difficult circumstances.

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