UK company insolvencies rise to highest level in five years

Business group FSB warns no-deal Brexit could cause another spike in insolvencies

is something smaller firms are “simply not prepared” for, it noted, chiming with analysis by another business lobby group, the CBI. Many smaller firms cannot afford to divert human and financial resources to no-deal planning, the CBI said on Monday. But it also warned that, overall, bigger UK companies areThe risk that Britain will crash out of the EU has risen since the Conservative Party elected Boris Johnson as prime minister last week.

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