UK insolvencies surpass financial crisis levels as interest rates squeeze businesses

UK company insolvencies have risen above financial crisis levels, with 25,551 businesses collapsing in the past year. Analysts cite high interest rates and reduced consumer spending as key factors. Read more: UK insolvencies surpass financial crisis levels as interest rates squeeze businesses

Tomas Kauer Tomas Kauer
Aug 21, 2024 - 20:27
UK insolvencies surpass financial crisis levels as interest rates squeeze businesses
UK company insolvencies have risen above financial crisis levels, with 25,551 businesses collapsing in the past year. Analysts cite high interest rates and reduced consumer spending as key factors. Read more: UK insolvencies surpass financial crisis levels as interest rates squeeze businesses