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LATEST NEWS & EVENTS UK corporate insolvency rate falls  The corporate insolvency rate in the UK is falling, according to new figures from Experian that reveal more firms are trading at the start of 2011 than in 2010. Some 1,266 companies went out of business in January, marking a ten per cent fall from the same month last year, when 1,426 businesses failed. The data shows that companies in the south-west were the most robust out of any region in the UK, while Yorkshire saw the largest drop in the corporate insolvency rate. Experian pH managing director Max Firth explained that the analysis also reveals that the net number of firms trading has increased by one per cent on last year. He added: "Irrespective of the environment, firms need to be vigilant and ensure that they have good insight into the financial risks associated with insolvencies among clients and suppliers." It comes after the professional recovery body R3 called for a change in the law to end the practice of suppliers issuing ransom demands from companies in the process of corporate insolvency. Posted by Gaby Hamerton 
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