Weathering the storm of insolvency, inflation and profit warnings
UK businesses continue to face an increased risk of insolvency as a majority struggle to absorb rising operational costs. Government insolvency statistics published in July show registered company insolvencies increased by 40% compared with June 2021 and were 15% higher than pre-pandemic (June 2019). Could your business survive an unpaid debt? This article looks out how Trade Credit insurance may be able to help protect your business.