Thee BBC (here) and the Daily Telegraph (here) are reporting that the rate of corporate insolvency is slowing. Both articles refer to some recent research by Experian. These reports are in stark contrast to a piece in the Financial Times which predicts a surge due to tax claims against ailing companies. See here.
Picture Credit: http://www.theautochannel.com/news/2008/08/11/096051.1-lg.jpg