http://www.business-sale.com - ccording to Experian's latest insolvency index, the number of business insolvencies across the country has fallen by 17 per cent compared to the same time last year. <br /><br />The index found that 1,635 British businesses failed last month, down from 1,976 in October last year. Very large companies noted the biggest decline in insolvencies. <br /><br />Whilst all regions saw declines from the levels reported last year, Scotland recorded the lowest rate at which businesses declined, at 0.05 per cent. <br /><br />Despite this positive news, the trade body of insolvency professionals, R3, warned that borrowing costs remained high for businesses across the country.
