‘Business failures have spiked’: Recovery firm
A debt recovery agency has claimed there was a noticeable spike in the number of businesses winding up last financial year, in a warning about rising cost pressures and financial stress.
Citing figures from insolvency firm Rodgers Reidy, Prushka Fast Debt Recovery said there had been a “worrying spike” in the number of applications to wind up a company in the 2018–19 financial year.
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