Uncertainty sees jump in number of business failures



Businesses are being urged to make sure they can adapt to market changes after data published today revealed that the number of Scottish firms failing grew by about 30 per cent year-on-year in the third quarter amid “prolonged” economic uncertainty.
However, there was improvement on the previous three months, according to professional services firm KPMG, which said the total number of corporate insolvency appointments increased to 230 in the three months to 30 September.
Administration appointments, which usually involve larger businesses, grew by 42 per cent to 27, and liquidation... read more

 
10 October 2016 in Business, Views: 51
Source: Scotsman
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