The number of companies in 'financial distress' in the UK is on the rise. What's causing the problems and what exactly happens when a company goes into administration? Evan Davis and guests discuss.

Guests:

Julie Palmer, Insolvency practitioner, Begbies Traynor

Andy Scott, Chairman, REL Capital

Dr Rebecca Parry, Director, Centre for Business and Insolvency, Nottingham Trent University

Producer: Julie Ball