Firms at higher risk of going into insolvency

The proportion of North East businesses with a raised risk of insolvency has risen sharply since the beginning of 2017, say industry officials.
Research by industry trade body R3 has found 35 per cent of the nearly 80,000 active firms based in the North East have a higher than normal risk of entering insolvency within the next 12 months, compared to 25 per cent in January 2017.
All of the 11 key regional industries that R3 monitors currently have higher proportions of firms at greater than usual risk of insolvency than at the start of last year.
The North East technology sector has the... read more

 
6 February 2018 in Regional North East, Views: 36
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