Problems on high street result in rise in profit warnings in region
There was a rise in the number of businesses in the North West issuing profit warnings in the first quarter - according to the latest figures from financial services firm EY.
The increase is being linked to the problems on the high street and the dip in consumer confidence.
A series of firms have hit problems in the retail sector and several have entered into CVAs. Firms who have had problems include Carpetright, Debenhams and House of Fraser.
There were 12 profit warnings from quoted companies in the first three mo... 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...
