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Evening Standard
Evening Standard
Anna Wise

UK firms ‘could be pushed over edge’ after record rise in financial distress

The Insolvency Service reported a jump in liquidations (Alamy/PA) -

An insolvency expert has raised fears that UK businesses will be pushed “over the edge” after new figures showed a record-breaking rise in the number of firms at serious risk of collapse.

Consumer-facing sectors such as hotels, leisure and retailers have particularly been under pressure, advisory firm Begbies Traynor said.

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