Liquidations in May 'up 50% on 2010'

One in every two companies in Ireland are now showing signs consistent with business failure, according to a new study carried out by business intelligence and risk agency visionnet.ie.

One in every two companies in Ireland are now showing signs consistent with business failure, according new data carried out by business intelligence and risk agency visionnet.ie.

In its latest monthly bulletin the company also said that court-ordered liquidations are up 50% on the same period last year.