INSOLVENCY CHEAPEST SINCE 2008 BUT RETAILERS’ NIGHTMARE CONTINUES

INSOLVENCY CHEAPEST SINCE 2008 BUT RETAILERS’ NIGHTMARE CONTINUES

Figures published today because of the Insolvency Service show that company liquidations in England and Wales into the third quarter with this 12 months had been down 3.3% from the previous quarter and down 10.7percent for a passing fancy quarter last year. Private insolvencies dropped into the 4th quarter 2012 to 25,302 and had been 12.9% significantly less than exactly the same duration one year ago.

Bev Budsworth, handling director of multi award-winning The financial obligation Advisor stated: “It’s really encouraging to note that today’s business and individual insolvency numbers have reached their point that is lowest since mid-2008, this indicates to demonstrate that things are needs to look brighter – at the very least with regards to financial obligation. Continue reading “INSOLVENCY CHEAPEST SINCE 2008 BUT RETAILERS’ NIGHTMARE CONTINUES”