Subscribe to our newsletter

Number of UK companies going into administration hits five-year peak

Brexit uncertainty and struggling high street retailers have fuelled a rise in the number of company administrations to the highest level in five years, according to official figures.

Number of UK companies going into administration hits five-year peak
smsfadviser logo
  • Shared by The Guardian
  • May 01, 2019
share this article

The Insolvency Service said there were 451 administrations in the first three months of the year, up 21.8% from the final three months of 2018 – and the most recorded by the government agency since the first quarter of 2014.

Read more at The Guardian

Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles