Business insolvencies up 25% compared to last year

Figures released today show a 25% increase in business insolvencies in the first quarter of 2010 compared to the same period last year, up from 320 to 402.

Business insolvencies up 25% compared to last year
Wed, 31 Mar, 2010 - 14:25

Figures released today show a 25% increase in business insolvencies in the first quarter of 2010 compared to the same period last year, up from 320 to 402.

The number of firms that failed in Q1 2010 (402) increased by approximately 200% when compared to the same period in 2008 (137).

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