Published: Mar 17, 2024, 06:25 IST | Updated: Mar 17, 2024, 06:25 IST
In the United Kingdom, the economic outlook continues to remain bleak. The latest government figures on insolvency paints a worrying picture of the UK's business environment. The number of companies declared insolvent in England and wales in February was 17% higher than 2023. 2,102 companies were declared insolvent, up from 1,801 in February 2023.