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Business Recovery

Company insolvencies rise 39% during March

Mazars said rises in interest rates have made businesses’ debts more expensive to service and is likely to have ‘pushed some heavily indebted businesses into the red’

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UK company insolvencies jumped 39% throughout March with 2,114 businesses entering insolvency in March 2022, up from 1,517 in February, according to Mazars.

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