The number of hotel and leisure insolvencies increased in September in the UK, to 113 from 105 in the previous month, according to Experian.
For the UK economy as a whole, the insolvency rate fluctuated month by month, but showed an overall improvement in insolvency rates since early 2009. September saw a slight annual decrease (from 0.09% to 0.08%), but was up from the 0.07% reported in August 2010.
See the full release here:
http://press.experian.com/united-kingdom/Press-Release/2010/North East sees business failures more than double from August to September.aspx
