"I think it's widely recognised that the fall in business insolvencies is down to the fact that winding-up petitions are on the whole barred at present, and combined with the level of government funding and furlough means that there are currently actually no pressing reasons for businesses to enter an insolvency process. As such, there has to be a rectification in the insolvency figures once these protections roll back. Perversely the vaccine is likely to create a flood of insolvencies as it is likely to come hand in hand with cut backs on support."