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More Than Half Of Uk Businesses Expect Company Insolvencies To Accelerate


karhu

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Company failures rate 'to grow'

New pension regulation will further squeeze struggling businesses

More than half of UK businesses expect company insolvencies to accelerate over the next year, according to a survey by PricewaterhouseCoopers (PwC).

Manufacturers are particularly gloomy about future prospects, with three-quarters of them predicting a growth in business failures.

Fewer than one in seven firms expect a fall in the number of companies going to the wall.

Firms said regulatory burdens and debt were the biggest risks to business.

http://newsvote.bbc.co.uk/1/hi/business/4374842.stm

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