Insolvency numbers rise as directors ‘run out of options’.
UK company insolvencies surge by 18% in October 2023
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Insolvency numbers rise as directors ‘run out of options’.
Stagnation attributed to high interest rates and inflation.
Retailers taking significant steps to keep prices low.
Verdict reflects the complex and uncertain economic environment.
Shop price inflation at lowest level since August 2022.
Firms struggle against a backdrop of rising business costs.
Challenges still persist despite points improvement.
1,967 corporate insolvencies were recorded in September.
Interest rates are expected to remain the same.