Company insolvencies rose sharply last month, increasing by 38% on last year.
The number of corporate insolvencies rose from 1,410 to 1,948, according to figures from the Insolvency Service, as businesses face higher inflation and an uptick in winding-up petitions from HM Revenue & Customs.
The numbers were driven by 1,594 so-called “creditors’ voluntary liquidations”, while compulsory liquidations rose by 357% annually to 242.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
