The latest UK starting small business news regarding failure rates is encouraging. The health of micro and small businesses in the UK looks to have improved in April, with fewer small companies becoming insolvent then in the same period last year.

Failures fell at a faster rate across the majority of small business sectors, with the most notable improvements being seen in the smallest businesses with under 50 employees. Medium sized businesses, on the other hand, actually saw failure rates increase by about 4% year on year, while large company insolvencies rose by even more. Despite this fact, medium and large companies in the UK continue to have among the lowest failure rates. The biggest improvements in small business failure rates occurred in the Midlands and Wales, where declines of 17 to 36% were noted.