East Midlands insolvency risk deepens
Despite national government statistics showing a sharp 15.4% drop in underlying corporate insolvencies in the second quarter of 2017, more East Midlands businesses are standing at the brink of insolvency than at any other time this year.
This is according to new monthly research by the Midlands branch of restructuring and insolvency trade body R3 which shows that over one in four businesses in the region – 28 per cent – are now at higher than normal risk of becoming insolvent.
R3’s August figures, compiled using Bureau Van... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
