Mon, 26 Jul 2010 | BUSINESS NEWS
The number of company insolvencies declined by more than 13 per cent in June, compared to the same time last year, according to research from data services group Experian.
Just 1,771 UK businesses failed last month, in contrast to the 2,044 that became insolvent in June last year.
These figures are a further indication of growing stability in the business community. Experian said that the overall financial strength of UK businesses has also improved, but that a geographical divide between the North and South continues to exist.
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