Nearly 30,000 UK businesses will go insolvent next year, PwC warns

Experts at PwC are warning that nearly 30,000 businesses will go insolvent next year, with companies in the hotels and catering, manufacturing, and transport and storage sectors likely to be hardest hit, while other experts are predicting a rise in large firm bankruptcies, adding that high-growth companies like tech firms are particularly at risk.

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