Over 3,500 manufacturing insolvencies in the past two years

BUST: over 3,500 manufacturing insolvencies in the past two years

Posted on 31 Jan 2013 by Tim Brown

Offices to let - insolvency, closed for business, to let sign - photo courtesy of Elliot Brown

There have been 3,573 manufacturing insolvencies since Q1 2011, PwC figures reveal, although the sector did see a fall in the last quarter of 2012.

Despite Q4 producing the fewest insolvencies of 2012, manufacturing remains one of the worst insolvency affected sectors. In total there were 1,804* manufacturing insolvencies in 2011 compared with 1,769 in 2012. By comparison, construction was worse hit over the last 24 months with 5,580 insolvencies although it too showed improvement in Q4 2012. Of the…

BUST: over 3,500 manufacturing insolvencies in the past two years

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