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Economy

Hospitality insolvencies rise 13% in June

The Buchler Phillips Hospitality Index of insolvencies, which has tracked monthly figures since January 2014, rose from 204.3 in May to 231.6 in June

The number of hospitality businesses entering insolvencies has risen by 13% between May and June this year, as operators struggle with trading costs, according to Buchler Phillips’ Hospitality Index.

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