West Midlands manufacturing firms outperforming rest of UK
West Midlands manufacturing businesses are outperforming their regional counterparts as new research reveals they are amongst the most financially stable in the sector in the UK.
February figures compiled by insolvency and restructuring body R3’s Midlands branch, using Bureau Van Dijk’s Fame database, show that around one-in-four – 28.5% – manufacturing businesses in the region are at higher than normal risk of insolvency. This is the lowest percentage in the UK outside of Northern Ireland (28.2%).
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