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Business Recovery

Number of CVAs agreed by businesses falls 47%

Mazars warned that as the UK enters another period of economic difficulty, companies will now find it ‘much more difficult’ to secure CVAs

The number of Company Voluntary Arrangements (CVAs) agreed between businesses and creditors has reportedly fallen by 47% to 110 in the last 12 months, down from 206 the prior year, according to Mazars.

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