Examinership process saves 1,243 jobs in 2014

Improved access to the examinership process has seen a near-50% rise in the number of jobs saved in SMEs this year, according to new data.

The latest SME Examinership Index, published yesterday by chartered accountants Hughes Blake, shows that 1,243 jobs were saved in small- and medium-sized enterprises in 2014, a 49% increase on the 832 jobs salvaged, via the process, last year.

In the final quarter of the year, 154 jobs were saved via examinership. The success rate of firms emerging from the process still trading stands at 90% for 2014.