Creditor meeting surge led by construction sector

THERE continues to be a surge in the number of creditors’ meetings being held, with the construction sector still dominating.

There was an increase in the number of creditor meetings in Cork last quarter jumping from 10 to 31 while Dublin-based companies accounted for just over half of all meetings at 124.

Almost a quarter of the 238 creditors meetings that were held in the three months to the end of September concerned the construction industry. Close to 15% were for firms in the retail industry.