Risk of insolvency increases ‘significantly’ for Yorkshire manufacturers
The percentage of manufacturing companies in Yorkshire at higher than normal risk of insolvency has risen “significantly” this month, new figures show.
According to insolvency trade body R3, in September, 23.1% of the 14,162 active manufacturing companies in Yorkshire were at higher than normal risk of failure, up by 4.3% since the previous month.
However, the region still outperformed the UK average of 23.7% of businesses in the manufacturing in the overall negative band, with only Northern Ireland (20%); the West Midlands ... 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...
