Insolvency fears for UK firms recede despite four-year high in May, new research shows

Fears of insolvency are receding among UK firms despite recent data showing liquidations hit a four-year high in May, according to new research from Evelyn Partners, which shows that 32% of UK businesses believe there is a risk they will become insolvent in the next 12 months, down significantly on the 47% of firms that thought there was a risk of default back in September. More from City AM.