There are two contradictory ways to look at the latest statistics on corporate insolvencies for England and Wales, which fell sharply during the first three months of the year for the fifth successive quarter. They either make a nonsense of the idea that an army of zombie companies threatens to undermine the economy's recovery, or confirm our worst fears.
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Friday 03 May 2013
Official figures show drop of 27 per cent compared to this time last year
Thursday 02 May 2013
UK Coal, Britain's biggest coal miner, is in talks with creditors to stay solvent and save up to 2,000 jobs amid claims its could go into voluntary liquidation after a blaze forced the company's largest mine to close.
Tuesday 23 April 2013
Lawyers from leading London-based firm Pinsent Masons will spearhead a club-commissioned investigation into the extent of Charles Green's links with former Rangers owner Craig Whyte.
Monday 04 March 2013
Charles Green's consortium purchased the business and assets of Rangers last summer
Thursday 14 February 2013
Rangers assistant boss Kenny McDowall believes the turmoil of the last 12 months will make Ally McCoist a better manager.
Tuesday 12 February 2013
Bombed-out Yellow Pages publisher hibu reported another dire set of results today and admitted a default on £2 billion of debt was likely at the end of February.
Thursday 07 February 2013
The former Anglo Irish Bank is to be liquidated after emergency laws were enacted in Ireland overnight.
Monday 07 January 2013
Millionaire racehorse owner Marwan Koukash has been unveiled as the mystery businessman locked in talks aimed at saving Salford.
Friday 23 November 2012
A major charity helping vulnerable people this week became the first to go bust because it couldn’t afford to meet its pension obligations.
Saturday 17 November 2012
Hostess Brands, the bankrupt maker of the cream-filled Twinkies sponge cakes, sought court clearance to go out of business yesterday after failing to convince thousands of striking workers to accept an 8 per cent wage cut and reduced benefits.
Thursday 08 November 2012
Comet has launched a liquidation sale as administrators move to wind down the failed retailer ahead of store closures as early as next week.
Thursday 01 November 2012
Thousands of jobs are at risk as Comet, the 240-store electricals retailer, is poised to appoint an accountancy firm as administrator just nine months after the UK chain was bought for a token £2.
Friday 12 October 2012
Ally McCoist has stressed the importance of Rangers supporters being allowed to invest in the future of the Ibrox club.
Thursday 11 October 2012
Celtic have been found not guilty by the Scottish Football Association on all four charges relating to an alleged offensive banner displayed by fans during a pre-season friendly against Norwich at Parkhead.
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