IRRV Alert - week ending 7th October 2022

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Rising business insolvencies amid high energy prices (7 October 2022)

Official Statistics

Rising business insolvencies amid high energy prices

Persistently high energy prices are becoming a growing concern for businesses across the UK. Several businesses are finding it increasingly difficult to sustain operations in a high energy-price environment, elevating the risk of them going insolvent. The analysis looks into trends in business insolvencies in the UK, how big a problem this is for different industries, and challenges rising energy costs are posing to selected industry types.

From:
Office for National Statistics
Published
7 October 2022
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Rising business insolvencies amid high energy prices

https://www.ons.gov.uk/releases/risingbusinessinsolvenciesamidhighenergyprices

Details

Official statistics are produced impartially and free from political influence.

Published 7 October 2022


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