UK Company Insolvencies Up by 9% in Third Quarter of 2000

In the July - September 2000 quarter company insolvencies in England and Wales reached 3,776 on a seasonally adjusted basis. This represents an increase of 8.6% on the 3,477 recorded in both July - September 1999 and April - June 2000.

However, the proportion of active companies that became insolvent in the year ending in the third quarter of 2000 was 1.1%, which was slightly down year-on-year.

Department of Trade and Industry

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