Corporate insolvencies rise as consumer confidence falls
Corporate insolvencies continue to rise with companies struggling to cope with falling consumer confidence and Brexit uncertainty. Underlying corporate insolvencies rose by 6.3% in Q1 2019 compared to Q4 2018, and rose by 5.1% compared to Q1 2018. Stuart Frith, president of insolvency and restructuring trade body R3, said: “These insolvency figures – the highest