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UK business failures keep on rising.(front page)(Brief article)
Business Credit
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September 01, 2006 |
COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Business failures in the UK rose to 4,720 (2.0 percent) in the second quarter of 2006 compared to the same period in 2005, bringing the total for the year so far to 9,538--8.9 percent more than in the first half of last year. Following the highest increase in business failures since 1999 during the first quarter of 2006, the latest figures indicate a slowdown in the rate of increase of business failure but still mean that 80 companies went bust in the UK every working day of the year so far. Richard Lloyd, Managing Director of Experian's Business Information division, commented: "There is no getting away from ...
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Source: HighBeam Research, UK business failures keep on rising.(front page)(Brief article)