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Company insolvencies remain below pre-pandemic levels

The number of CVLs in 2021 was only slightly higher than in 2019 and was consistent with the increasing trend in CVL numbers before the coronavirus (COVID-19) pandemic.

The total number of company insolvencies registered in 2021 was 14,048, up from the 12,634 in 2020, but remained below pre-pandemic levels, according to the Insolvency Service.

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