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Insolvencies fall again year-on-year

The overall business insolvency rate for the UK fell to 0.07% in June from 0.08% in June 2012, according to the latest Business Insolvency Index from Experian.

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March insolvency figures reveal increased resilience

Medium-sized firms, which have struggled the most in recent years, saw fewer insolvencies during March 2013 according to the latest Business Insolvency Index from Experian®.

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SMEs show more signs of distress than larger firms

Small businesses seem to be finding it more difficult to cope with the recession than larger ones. According to R3’s latest Business Distress Index, higher levels of business distress are evident in SMEs than in bigger firms. The research from the insolvency practitioner’s trade body reveals that 37% of small businesses are experiencing decreased profits, compared to 19% of medium-sized businesses and just 7% of large businesses.

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