JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week's attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

• Full story: JP Morgan CEO warns world may be facing most dangerous time' in decades
• Jeremy Hunt warns of difficult decisions' ahead as public finances worsen

The number of companies falling into insolvency across England and Wales has jumped 17% year-on-year, official data just released shows.

There were 1,967 registered company insolvencies in September, which is 17% higher than the 1,688 recorded in September 2022.

The increase in company insolvencies has been driven mostly by CVLs, while compulsory liquidation and administration numbers have increased from historically low numbers seen during and immediately after the pandemic, returning to close to 2019 levels.