A third of businesses ‘at heightened risk of failure’
Around one in three North West firms are now at heightened risk of insolvency, up from one in four at the start of the year, according to new figures from the restructuring and insolvency trade body R3.
R3’s research shows the number of companies in the region considered at a higher than normal risk of failure in the next 12 months has risen from 24% in January to more than 32% in December – equivalent to over 116,700 firms.
Technology and IT businesses are under greatest pressure, with almost 39% of firms at greater than us... 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...
