Could further data showing business insolvencies are slowing, suggest the worst of the recession is over for UK small businesses?
Further glimmers of hope for the economy revealed by a slowing in the number of UK businesses going into administration.
The number of business failures continues to rise as recession brings more pain and more closures during 2009.
Businesses heading into insolvency increaes by over 10% during the third quarter of 2008.
Company insolvencies rise during Q1 2008.
Credit crunch yet to have an impact on company insolvencies.