Trade credit claims mount as UK tops global insolvency forecasts

bankrupt

Trade credit insurer Atradius has forecast that global insolvencies are set to rise for the first time in 10 years, with the UK facing the highest increase of all advanced markets.

Atradius expects there to be a 7% rise in insolvencies in the UK in 2019, assuming an orderly Brexit and smooth transition period.

While the predicted increase is below the 10% increase seen in 2018

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