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Insolvency rate falls among SMEs

Recession slump closing down sign

The number of SMEs to become insolvent fell in June compared with June 2011, while insolvencies among larger firms increased year on year.

SMEs with one to 100 employees were the only group to see improvements in insolvency rates, the biggest rise coming specifically from SMEs with 51 to 100 employees - from 0.19% in June 2011 to 0.12%

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