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Firms forced to shut hit a high
Daily Express
|March 19, 2025
THE number of firms going into compulsory liquidation is at its highest in a decade.
Some 393 were forced to wind up last month across England and Wales, the biggest monthly number since September 2014, the Insolvency Service said.
Compulsory liquidation is when a company is ordered to shut by a court because it cannot pay its debts.
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