10% rise in Business Insolvencies predicted by Experts
UK debt collections
MARCH 5, 2024
UK Business insolvency could increase by 10% this year, according to research by Allianz. Sectors such as retail, manufacturing, construction, and real estate are particularly vulnerable due to weaker demand and higher borrowing costs. This is compared to 14% in France, 9% in Italy, and 7% in Germany.
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