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U.K. Insolvencies Set To Soar In ‘09 February 06, 2009

—Hugh Leask

Corporate insolvencies in the U.K. are expected to hit 5,000 by the end of the year, according to research from accountancy firm KPMG. The number is up from 3,225 insolvencies seen in 2008 and 2,230 in 2007.

“Retail insolvency appointments to the end of January are up 300%, compared with ...

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