Distressed manufacturers

Posted on 11 Aug 2010 by The Manufacturer

Insolvencies among manufacturers could soon start rising again.

Despite the numbers of insolvencies falling by a fifth in 2009, UK manufacturers are not out of the woods yet, according to business advisors at Baker Tilly. “Total insolvencies in manufacturing continue to fall steadily, an 11% reduction in Q2 2010 from Q1, despite a backdrop of mixed messages of performance in the sector. We…

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