LONDON, Jan 31 (Reuters) - More companies suffered
insolvency last year in England and Wales than any time since
2009, according to government figures released on Tuesday.
Total insolvencies rose by 57% from their 2021 level to
reach 22,109 in 2022.
"The increase compared to 2021 was driven by the highest
annual number of Creditors' Voluntary Liquidations (CVLs) since
the start of the series in 1960," the government's Insolvency
Service agency said.
(Reporting by David Milliken, Editing by Kylie MacLellan)
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