The 2012 Business Insolvency Index from Experian, the global information services company, reveals that during 2012, 0.86 per cent fewer UK businesses failed than the previous year, with 1.04 per cent of the business population failing compared to 1.10 per cent in 2011. The year ended with December seeing 0.08 per cent of businesses fail. This compares to 0.11 per cent in the same month during 2011 and represents the lowest rate seen in December since 2007.
Source: http://www.bullfax.com/?q=node-bankruptcy-lowest-level-start-financial-crisis
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