Decline in the number of companies that went bankrupt in the UK in the fourth quarter

Official data showed on Friday that the number of companies that are forced to liquidate in England and Wales fell to its lowest level in two and a half in the last three months of 2010. 3955 was the liquidation of a company in the period from October to December, according to seasonally adjusted data, the lowest level since the second quarter of 2008 and down 11.3 percent from the same period last year.
Kevin Booth said of the Barclays companies have benefited from reduced dependence on borrowing. "We expect the continued decline in the bankruptcy of British companies in 2011."
But he said that it is difficult to predict out of bankruptcy in 2012, as can be adversely affected many companies to cut public spending and the weakness of consumer demand in 2011.
And personal bankruptcies reached their highest levels ever to reach 135 089 cases in 2010, although she had been on a downward trend since the second quarter of the year. The number of cases of personal bankruptcy in the last quarter of the year 30 729 case, the lowest level since the first quarter of 2009 and down 13.6 percent from the same period last year