Nearly 30,000 UK businesses will go insolvent next year, PwC warns Hotels, catering and manufacturing firms likely to be hit hard, PwC claims By Jane Denton Updated: 05:31 EST, 28 December 2023 e-mail 1 View comments Nearly 30,000 businesses will go insolvent next year, with smaller firms comprising the lion's share, new findings warn. Experts at PwC claim there will be a 'significant' rise in businesses collapsing, with companies in the hotels and catering, manufacturing, and transport and storage sectors likely to be hardest hit. High energy prices, sluggish economic growth and the fallout from higher interest rates look set to…
