Rate of company insolvencies doubles since 2021

The number of company insolvencies in April has doubled compared with the same period last year

Registered company insolvencies in April 2022 hit 1,991, more than double the number registered in the same month in the previous year when the figure stood at 925 in April 2021. However, there has been a slight improvement on March 2022 when there were 2,119 corporate insolvencies.

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