Jump to content
House Price Crash Forum
Sign in to follow this  
Waiting Patiently

Increase In Uk Company Failures

Recommended Posts

Another canary starts to sing............

Increase in UK company failures

Corporate insolvencies in the UK jumped by 11% in 2005, according to financial data firm Experian.

The firm said the slowdown in consumer spending, high energy costs and rising red tape contributed to the increase.

There were 18,122 corporate insolvencies, the highest number since 2002, and Experian expects the figure will increase further in 2006...........................snip.........

"Recent high profile failures such as Unwins, LDV, Tiles R Us, MVC and Canterbury Foods, all in the last month, indicate just how fragile some sections of the economy are as we move into the New Year."

BBC business news

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.