With bankruptcies on the rise in the UK, Simon Collinson, Matt Lyons and Huanjia Ma look at the impact of firm failure on the economy, employment and households. Data released by the Insolvency Service at the end of January shows that firm insolvencies, or bankruptcies, in England and Wales reached the highest level since 2009. … Continue reading “The Poorest UK Households are Hit Hardest by the Highest Rate of Firm Failure”
