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Corporate Finance

Corporate insolvencies up by 21% in November

The Insolvency Service added that the monthly figure was driven by higher numbers of creditors’ voluntary liquidations (CVLs) and compulsory liquidations

The number of corporate insolvencies hit 2,466 in November, 21% higher than the prior year, meaning the number of total failures for 2023 now total over 23,000, according to new figures from The Insolvency Service.

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