Insolvency statistics highlight the challenges in managing trade credit risk at a time of uncertainty
The latest Insolvency Service figures released on 30 October 2020 show reductions in corporate insolvencies but mask the true state of the country’s business sector. The Q3 insolvency statistics show that there were 2,672 company insolvencies in Q3 2020, down by 9% on Q2 2020 and down by 39% on Q3[...]