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'Dramatic' plunge in corporate insolvencies

The government’s coronavirus support measures have had a dramatic impact on corporate insolvencies, which have fallen to their lowest level for four years, according to research by KPMG.

'Dramatic' plunge in corporate insolvencies
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  • Shared by Accountancy Daily
  • August 04, 2020
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The firm says its analysis of notices in The Gazette show 274 companies in the UK entering administration in the second quarter of 2020, a 28% fall from the first three months of the year, and the lowest point since Q1 2016, when there were 266 administrations.

Read more at the Accountancy Daily. 

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