Q2 2022 saw 5,629 insolvencies in England and Wales.
Insolvencies hit highest levels in over a decade
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Current Affairs
UK economy shrinks by 0.3% in August
Decrease in GDP strengthens concerns of recession.
Bank of England reinforces bond buying scheme
New measures announced for the final week of the purchase scheme.
Business confidence falls significantly
Four in ten businesses anticipate a fall in profits over the next year.
Two-year mortgage rates reach 14-year high
The average two-year fixed mortgage rate soars to 6.07%.
Pound reaches two-week high
Sterling on track for its sixth consecutive daily rise.
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