Insolvency risk to North West businesses rises
The “climate of uncertainty” has seen the number of North West businesses at risk of insolvency increase by more than two percentage points in the first half of the year.
According to new figures from the restructuring and insolvency trade body R3, 26.6% of businesses in the region are now considered above average risk of becoming insolvent within the next 12 months – equivalent to more than 95,000 companies. In January, 24.2% of firms in the North West fell into this category.
Paul Barber, the North West chair of R3 and a... 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...
