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30 Sep 2002
A total of 4,754 companies failed, up 655 from 2001. And the first nine months of 2002 saw 14,198 failures, an increase of 1,481 compared to 2001, according to figures released today by Experian.
The industry sector which saw the highest number of failures was business services, with 910 - an increase of 13.8% over Q3 last year.
'The increases have come virtually across the board, covering service and manufacturing industries, and throughout the UK,' said Phil Cotter, director of Experian's Business Information Division.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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