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Economy

Insolvencies climb 19% year-on-year in August

There were also 13% more CVLs at a total of 1,880 compared with last year, while the number of administrations was also higher than in August 2022

The number of registered company insolvencies in August increased by 19% to 2,308 from 1,941 in the same month in 2022, according to The Insolvency Service’s latest statistics. 

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