Monday, January 1, 2007

Business Failures Up 10.7% in 06

Predictions for rising insolvency ring true

Bad news for our services industry. The largest number of failures in a single sector was in Business Services - up 24.6%

Posted by nearly30 @ 01:21 PM (461 views)
Please complete the required fields.

4 thoughts on “Business Failures Up 10.7% in 06

  • ‘Old skool’ industries seem to be fairing better.

    “Of the 34 industries reviewed by Experian, only 12 recorded a fall in corporate failure in 2006 but 22 recorded an increase. Sectors experiencing a decline in business failures during 2006 included Oil (down 91.7 per cent), Agriculture, Forestry and Fishing (down 20.6 per cent), Utilities (down 13.9 per cent) and the Chemicals industry (down 14.3 per cent). ”

    Bit worrying in light of our ‘modern’ industry mix – 1 in 5 jobs are in business services.

    Please complete the required fields.

  • article says “administration orders (up 56.3%)”. New Labours sh*te economy going down the pan

    Please complete the required fields.

  • It seems apt that Experian’s website fails whenever anyone tries to access it using a browser other than Internet Explorer. Try to actually speak to someone or get the name and address of someone responsible for something at Experian and you’ll get the same stone wall.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>