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|Expert comments on today's Insolvency Service statistics|
|Wednesday, 29 April 2015|
Carl Bowles, a partner and insolvency practitioner with accountancy firm, Carter Backer Winter ("CBW") has the following to say:
"I'm surprised by the significant decrease in company insolvencies in the first quarter of this year compared to the first quarter of 2014. A reduction in the number of corporate insolvencies by over 11 per cent year on year is notable and important. Even more so is that company liquidations are at their lowest level since records began in 1984. It means that corporate insolvencies in England and Wales are on an increasingly downward trend.
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