Company insolvencies poised for a record high in the UK

This should be similar to previous pieces, for example like the one about how insolvency practitioners can assist tech compnies following the collapse of Silicon Valley Bank.

The latest angle is a prediction that insolvencies are on course to reach a record high in 2023 due to inflation and rising interest rates impacting company balance sheets.For many businesses in the UK, the threat of insolvency is far from over.

As the economy continues to struggle with the double threat of rising interest rates and high inflation, the number of business insolvencies in 2023 will reach a record high.

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