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Companies

Company insolvencies up 17% in Q2

The increase was driven by a rise in creditors’ voluntary liquidations (CVLs) which reached its peak level since Q2 2009 as the impact of Covid-19 continued to affect businesses

During the period, July to September, the number of company insolvencies was 17% higher than in Q2 2021 and 43% higher than in Q3 2020, according to the latest national statistics.

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