Key indicators, such as trade receivables and trade payment defaults, are heading the wrong way it said while an “unfortunate economic cocktail” is likely to lift insolvency rates over the rest of 2022.
Read more at Accountants Daily
Business confidence ‘teetering on the brink’
Business confidence is teetering on the brink with default rates and court actions back to pre-pandemic levels and the full impact of adverse conditions due to hit in the fourth quarter, according to the latest CreditorWatch report.
