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Corporate insolvencies continue to decline

By Ensors Team
4th Aug 2015

Ensors Business Recovery partner and R3 Eastern Vice-Chairman, Mark Upton, has commented on the recent quarterly insolvency figures released by the Insolvency Service.

The statistics from April to June this year show a continuous decline from their peak in the recession. Mark comments “it’s highly likely that this could be down to all-time low interest rates as well as an increase in creditor tolerance.  These have given businesses an easier time then expected in the aftermath of a recession.”

For further comment on the quarterly stats please click here.