Examinership saves 1,250 Irish jobs

Small and medium-sized firms struggling with legacy issues which have managed to stay in business to date may not survive as the economy picks up, it has been warned.

The warning comes as the Hughes Blake SME Examinership Index shows that more than 1,200 Irish jobs were saved through the examinership process this year.

The total of 1,251 is a marginal increase on the 2014 figure of 1,243 with a number of well-known retailers including Mothercare and Best Menswear emerging from examinership in the past 12 months.