Company failures lowest since 2008

Company failures have plunged to their lowest level since early 2008 in a boost to hopes over the health of Britain's businesses.

Company liquidations in England and Wales fell 15.8% year-on-year to 3,619 in the first three months of 2013, and were down 5.3% on the prior quarter, according the Insolvency Service.%VIRTUAL-SkimlinksPromo%