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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Company insolvencies rise 27% in June as interest rate hikes hit firms

The Insolvency Service
PA Wire

The number of UK firms entering insolvency jumped last month as businesses came under pressure from higher borrowing costs and waning consumer demand.

Official figures from the Insolvency Service revealed that 2,163 insolvencies took place in June.

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