Friday, November 6, 2009

UK company liquidations up 14.6 pct y/y in Q3 - govt

More than 4,700 companies in England and Wales went into liquidation in the third quarter of this year and 35,000 people succumbed to insolvency, official government figures showed on Friday.

The Insolvency Service said company liquidations rose 14.6 percent on a year ago to 4,716. Personal insolvencies rose 28.2 percent on a year ago to 35,242.

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