Business failures up by 26% as start-ups down

THE number of businesses that have failed so far this year is up 26% compared with last year.

Business failures up by 26% as start-ups down
Sat, 11 Oct, 2008 - 01:00

Also there has been a 20% drop in the number of companies formed.

The latest Bank of Ireland business start-up barometer shows 3,391 new limited companies were formed in the third quarter of this year and 11,591 to date this year.

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