P508 Teletext 508 May24 16:01:00         —————————————————————————————  BUSINESS FAILURES SLOW DOWN A sharp annual decline in the toll of business failures in England and Wales has boosted the prospects for sustained eco.Fmic recovery. Individual bankruptcies totalled 7,40Z in the first three months of the year, down 21.4% on the first quarter of 1993, according to KPMG Peat Marwick. Cases were 400 up on the previous three months but the overall trend was down. ——————————————————————————————————————— Financial headlines 500 City index 501 TAX, SAVINGS, MORTGAGES - SEE p540 Next CompNews Shares Family Finance