Hotel sector stands resolute against the threat of insolvency
The number of West Midlands companies at an elevated risk of insolvency is now at a 2017 high, restructuring and insolvency trade body R3 has said.
There are significant increases recorded across each of the 11 key businesses sectors monitored by organisation.
R3’s December statistics, compiled using Bureau Van Dijk’s Fame database, highlight that almost one-in-three businesses in the region – 31.6% – are now in the elevated insolvency risk band, which is equivalent to around 87,800 companies.
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