Insolvency rates

UK Business Insolvency Rates Drop

Experian report reveals North West region and mid-sized businesses show biggest decrease in failure rates Analysis released today revealed that insolvency rates in the UK dropped for the first six months of the year from 0.47% in 2013 to 0.44% in 2014, with the North West, East Midlands and Wales showing the biggest turnaround. The report by Experian, a global business information service, found that most businesses experienced a fall in liquidations, with mid-sized businesses (100-500 employees) seeing the biggest improvement – from 0.72% to 0.51%. The North West led the decrease in business failures rates, with only 0.46% insolvency rates this year compared to 0.56% the previous. Furthermore only micro businesses (one-two employees) failed to experience a drop, remaining at 0.32%. Region... »