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July sees slowdown in UK insolvencies

Numbers of compulsory liquidations have increased from historical lows seen during the pandemic, partly as a result of an increase in winding-up petitions presented by HMRC

The number of registered company insolvencies dropped 6% to 1,727 in July 2023 compared with 1,831 in July 2022, according to data from the Government Insolvency Service.

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