The total number of insolvencies in the UK fell by 12.5% in February compared with the same month last year, bringing the rate of insolvencies down from 0.10% to 0.08%.
The results of the latest Insolvency Index from Experian also revealed a continued improvement in the overall financial score of UK businesses, which rose from 81.18 in February 2010 to 81.60 in February 2011. This is also a month-on-month improvement from 81.49 in January.Max Firth, managing director of Experian company pH,
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