Wednesday, 29 October 2014

Bankruptcy to fall to lowest level in 14 years

The number of individuals going bust is expected to fall to its lowest level for 14 years while companies are also in better health, official figures are expected to show today.

Data from Baker Tilly suggests that the Insolvency Service data will today show that just over 5,000 bankruptcy orders took place across England and Wales in the third quarter of 2014, which would be the lowest number seen since the fourth quarter of 2000.

Source:  London Evening Standard

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