
The number of companies going bust across the UK increased last month after firms swallowed increased costs, according to figures.
Official data from the Insolvency Service showed there were 2,238 company insolvencies in England and Wales in May.

The number of companies going bust across the UK increased last month after firms swallowed increased costs, according to figures.
Official data from the Insolvency Service showed there were 2,238 company insolvencies in England and Wales in May.