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Evening Standard
Evening Standard
Anna Wise

Company failures rise with more businesses in ‘perilous’ position

The number of UK companies going bust increased last month, official data shows, (Rui Vieira/PA) - (PA Wire)

The number of UK companies going bust increased last month, official data shows, as experts warned that more businesses face a “perilous financial position” as they remain weighed down by debts.

Official data from the Insolvency Service showed that the number of registered company insolvencies in England Wales totalled 1,966 in November.

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