The number of firms in England and Wales going bust last month rose by 16% year-on-year, according to official figures.
Source link : https://news.sky.com/story/rise-in-number-of-firms-going-bust-insolvency-service-says-13200122
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Publish date : 2024-08-20 11:42:00
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Rise in number of firms going bust
![A woman walks by a shop advertising its closure in Croydon, south London, Friday, Jan. 23, 2009. The British economy has officially sunk into recession, with government figures Friday showing the economy shrank 1.5 percent in the fourth quarter of last year as the financial crisis ravaged banks, retail and manufacturing. It was the biggest decline since the early days of Margaret Thatcher's government nearly 30 years ago. (AP Photo/Sang Tan)](https://wa-news.com/wp-content/uploads/2024/08/1724152032_Rise-in-number-of-firms-going-bust-840x500.jpg)