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LATEST NEWS & EVENTS Corporate insolvency rate slips to 5-month low  Fewer businesses are looking for help from an insolvency lawyer, new figures indicate. The corporate insolvency rate in the UK fell to 0.08 per cent in August, the lowest level since February, according to Experian. It reports that there was a slight increase compared to the same month last year, when 0.07 per cent of businesses were pushed into insolvency. The figures also represent a marked improvement from July 2011, which showed that 0.1 per cent of companies in the UK were failing. Regional variations were evident, with the north-east and West Midlands found to have the highest rate of insolvency in August at 0.11 per cent. The south-west was the best performing region with the lowest insolvency rate at 0.06 per cent. Max Firth, managing director of Experian Business Information Services, said: "While insolvency rates in August were the lowest since February 2011, our analysis shows that regional variances continue to underline the importance of closely monitoring the financial health of the suppliers and customers that companies do business with." Posted by Alex McLean 
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