Company failures fall strongly across the UK
The Exaro Insolvency Index has shown that company insolvencies have decreased by 11.5% across the whole of the UK for the 3 months ending September 2015, compared to the same period in 2014. London and Wales have seen the biggest falls, with comparative reductions of 22.2% and 19.8% respectively.
Perhaps this is a good indicator that the economy is still teetering on the brink and that a full economic recovery has not yet begun as historical statistics show that corporate insolvencies tend to increase when an economy is fully recovering from an economic slump.
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