Increase in bankruptcies

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A total of 583 companies went bankrupt in September – almost 20 percent more than in the same month last year, according to new figures from the Experian credit and market company.

“If we look at the past 12 months, there has been an increase of 16.2 percent compared with the same months last year,” says Experian CEO Christoffer Spangenberg in a news release.

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