Phillip Sykes, president of insolvency trade body R3, said: "The unique conditions of this recovery - low interest rates and creditor forbearance -meant we never saw the traditional post-recession spike in corporate insolvencies
THE return of rising wages has contributed to a sharp fall in personal insolvencies
, figures show.
CORPORATE recovery specialist Begbies Traynor said it swung into the red and was forced to cut jobs as corporate insolvencies
fell to the lowest level since the start of the financial crisis.
Commenting on the January-March England & Wales insolvency statistics issued by the Government's Insolvency Service, Mr Philpott said: "The general corporate picture remains relatively stable, with a small fall in the number of corporate insolvencies
Recently, the Firm was appointed by the Local Court of Hamburg as insolvency administrator of the assets of Conergy AG, a leading worldwide provider of photovoltaic solutions and services with more than 30 subsidiaries, and over the past 12 months has also advised a number of shipping insolvencies
and worked with ship owners and shipping companies on pre-insolvencies
uk/scottish-insolvency-statistics-2013-14-quarter-2) According to figures from the Accountant in Bankruptcy (AiB) , responsible for all data on bankruptcies in Scotland, it was the second successive quarter showing increases in company insolvencies
LAST year was a record one for corporate insolvencies
in Northern Ireland, it has emerged.
com/theliverpoolecho WIRRAL has shot to the top five for insolvencies
and bankruptcies in the North West, according to the latest official figures.
Last year, however, was characterised by high bad debts because of the insolvencies
As the number of insolvencies
kept growing, profit taxes fell EUR 75 million in the first quarter, a 10 percent drop on the same period of 2012, according to the fiscal administration agency, ANAF.
The number of corporate insolvencies
in the region fell slightly in the second quarter of the year, down to 401 from 489 in the previous quarter.
THE latest analysis into corporate insolvencies
has revealed a bad year for hospitality and leisure in the region.