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The hospitality and leisure sector has had one of the worst sectors in the twelve months
to the end of September compared to the same period the year before. The latest PwC analysis
of corporate insolvency numbers shows in total, there were 1,464 insolvencies in the H&L sector
in the past twelve months compared to 1,304 in the same period the year before. Despite
this rise, H&L insolvencies in Q3 2012 were down by 15% compared to Q2, and were down
by 11% compared to the same quarter last year.
For the complete article, please go to Big4.com