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Support groups say energy bills, higher interest rates and falling order books putting thousands of firms on the edgeInsolvencies across the manufacturing sector have soared by 63% since last year ahead of a wave of business failures expected this winter in response to rising energy prices, higher interest rates and falling order books.The number of firms going bankrupt increased from 893 in 2020-21 to 1,454 in 2021-22, according to Insolvency Service figures analysed by the accountancy firm Mazars. Continue reading...