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flag UK company insolvencies hit a five-year high in November, rising 13% to 1,966 in England and Wales.

flag UK company insolvencies rose 13% in November, reaching 1,966 in England and Wales, according to the Insolvency Service. flag This marks the highest level since 2019, with construction, wholesale and retail, and accommodation sectors hardest hit. flag Experts warn that many firms face continued financial struggles into 2025 due to rising costs like increased national insurance contributions.

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