Number of firms going bust tumble as government support kicks in

Number of firms going bust tumble as government support kicks in

The number of UK firms going bust tumbled by a third last month thanks to government life-support measures,  but companies may face greater risks as the economy emerges from the Covid-19 pandemic, according to a report.

A study by KPMG of notices in The Gazette showed 61 companies fell into administration during April, down from 91 a year earlier.

It also marks a 55% tumble on the month before,…

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