Experian® revealed that the rate of insolvencies fell from 0.11 per cent in December 2012 to 0.07 per cent in January this year – the same rate as in January 2011.
The fall in the UK’s insolvency rate was led by businesses with 101 to 500 employees. Failure rates amongst these mid-sized businesses fell from 0.21 per cent in December to 0.10 per cent in January.
Source: Experian Press Release