Eighteen per cent fewer manufacturing companies went bust in the third quarter of 2010 compared to the same period in 2009, according to the Equifax Business Failures Report.
The report revealed a sustained pattern of year on year falls in business failures for each quarter of 2010. Insolvencies among all businesses also went down for the second quarter in a row – a drop of 12.5% from Q2 to Q3. Looking at the UK picture, the number of failures at 6,646 for the…
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