Increase in UK Businesses filing for Administration
UK debt collections
JULY 8, 2024
A total of 879 UK businesses filed for administration in the first six months of 2024 – a 42% and 16% increase compared to 2022 and 2023 respectively, according to analysis by full-service law firm Shakespeare Martineau. By doing so, businesses can better navigate the tough trading conditions and increase their chances of survival.”
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