Data Watch Q4 2020
Following the outbreak of COVID-19 and associated lockdown during March 2020, the UK government introduced several economic support packages to help businesses navigate the impact of the pandemic.
These measures appear to have been effective in mitigating the number of company insolvencies over this period, with insolvencies in each month since April 2020 being below the pre-lockdown average.
Whether the number of insolvencies remains at lower levels (or whether there could even be a catch up) once governmental support is gradually withdrawn will be the key question in the coming months.
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