Fewer firms are failing, says Experian
The number of business insolvencies fell by almost a fifth last month compared to a year ago.
In figures out today, information services company Experian says 1,635 firms failed last month, 17% fewer than the 1,976 in October 2009.
Spokesman Max Firth said: 'It is encouraging that the business population in general is faring better in terms of insolvencies than this time last year, despite mid-market failures increasing in October.'
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